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

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ChainCatcher reports that ConsenSys founder and Ethereum co-founder Joseph Lubin posted on X platform, stating that Ethereum is bringing the same transformation to value: it provides a shared, open programmable monetary standard. Ethereum is the global settlement layer, running continuously without interruption every 12 seconds for nearly a decade, non-stop and error-free.

Last year alone, it settled over $25 trillion in value. Ethereum has the most stablecoins, real-world assets (RWA), and asset tokenization projects. At the same time, it is also an asset with native yield capabilities, with built-in re-staking mechanisms and DeFi ecosystem.

Stablecoins will soon replace the US dollar as the global settlement currency, and the public market is gradually becoming aware of this. He is proud to lead a $425 million private financing round 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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