PANews reported on March 27 that according to Theblock, JPMorgan analyst Nikolaos Panigirtzoglou predicted that the proportion of yield-based stablecoins in the stablecoin market value may rise from the current 6% to 50% in the future. Analysts said that yield-based stablecoins are similar to traditional money market funds in terms of their appeal to investors, especially in today's high interest rate environment.