Consensys founder: Ethereum is the global settlement layer, and stablecoins will become global settlement currencies

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ODAILY
06-03
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Founder of ConsenSys and Ethereum co-founder Joseph Lubin posted on X platform, stating that Ethereum is bringing about the same transformation in value: it provides a shared, open, and programmable monetary standard. Ethereum serves as the global settlement layer, running continuously without interruption every 12 seconds for nearly a decade, operating year-round with impeccable precision. Last year alone, it settled over $25 trillion in value. Ethereum hosts the most stablecoins, real-world assets (RWA), and asset tokenization projects. At the same time, it is an asset with native yield capabilities, featuring built-in re-staking mechanisms and a DeFi ecosystem. Stablecoins will soon replace the US dollar as the global settlement currency, and public markets are gradually becoming aware of this. He is proud to lead a $425 million private placement for SharpLink, introducing Ethereum exposure to traditional capital markets. SBET hopes to benefit from Ethereum's native yield opportunities and demonstrate these advantages to the public market.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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