According to Mars Finance, on March 9th, Vivek Raman, CEO of Etherealize, an Ethereum ecosystem and institutional analytics company, testified before the US Congress, stating, "Etherealize was founded to upgrade the US capital markets to 21st-century levels. Our team combines Wall Street veterans with top technical experts from the Ethereum ecosystem, ready to drive financial innovation in the US. Most systems today are still like the Stone Age. Remittances can take days, transaction settlements can take weeks, and hundreds of billions of dollars still flow through paper documents, faxes, and handwritten spreadsheets. Now, a one-time upgrade opportunity for the US capital markets is finally before us. Public blockchains allow for programmable instant dollar settlement, real-time global ledger oversight, and expanded global access opportunities, far beyond Wall Street. The private sector has already recognized this. BlackRock, Franklin Templeton, Deutsche Bank, UBS, and other institutions are building on Ethereum because it is the world's most secure and decentralized settlement layer. Therefore, there are currently $140 billion in stablecoins and 100..." Billions of dollars worth of real, useful tokenized assets and institutional-grade applications run on Ethereum. All of this is happening amidst regulatory uncertainty. If the Clarity Act, a clear bill for the U.S. digital asset market, passes, we could accelerate innovation by 100 times. Decentralization means the network—like the internet—doesn't belong to anyone, but is accessible to everyone. For Ethereum, this means over 1 million validators worldwide independently verifying transactions, ensuring trust and no single point of failure. In institutional terms, decentralization means system resilience, maximum security, and minimized counterparty risk.
Etherealize CEO: Ethereum is the world's most secure and decentralized settlement layer.
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