Without regulatory changes, it's a dead end; this statement is worth engraving on the wall for all RWA project teams.

Crypto World News reports that JPMorgan analysts state that tokenized money market funds currently account for only about 5% of the stablecoin market. Although they have yield advantages and are expected to continue growing, without regulatory changes, it will be difficult to surpass 10% to 15% of the stablecoin market. The analysts say that stablecoins remain the preferred cash tool in the crypto ecosystem. Tokenized money market funds are usually classified as securities, subject to registration, disclosure, reporting obligations, and transfer restrictions, which present "structural regulatory disadvantages."