from the reddit
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from the reddit
Huge numbers of mainstream companies are now building the future financial system onchain, finally recognizing the advantages that this offers them that we've all been explaining for years.
And despite the many claims of the marketing teams from Solana, Ripple etc , the reality is that almost everything being build onchain is being done in the Ethereum ecosystem. ~https://ethereumadoption.com/built-on-ethereum/ ~
As well as RWA platforms, bank L2s, etc etc, one of the biggest use cases that is now being widely recognized is that of stablecoins. There is more value in stablecoins on Ethereum than in every other ecosystem combined: ~https://visaonchainanalytics.com/supply ~. That fact, combined with the security, robustness, and ability to capture value, means that, in the words of the recent Electric capital report:
"Ethereum is uniquely positioned to host the global financial infrastructure for this new digital dollar economy, and ETH stands to benefit directly from this growth." ~https://electriccapital.substack.com/p/beyond-stablecoins-the-case-for -ethereum ~
Another report that touches on what this level of adoption means for Ethereum is Fidelity's recent publication on "Blockchains as emerging economies" - aimed at investors and focused on Ethereum. ~https://institutional.fidelity.com/app/proxy/content?literatureURL=/99 19383.PDF ~
Basically, the mainstream financial world has recognized that the actual usefulness of crypto is Ethereum, and that onboarding cannot help but create sustainable demand for ETH the asset.
Unlike BTC, which depends entirely on people buying it in the hope that someone in the future will want to buy it for a higher price, ETH will be needed by entities like Sony and Deutsche Bank to secure their L2s etc etc. So speculative investors (from retail ETF buyers to the bitcoin miners noted abover) are trying to front-run that demand by buying now. | Artist/Author: r/CryptoCurrency
Date: Saturday July 19, 2025 12:39:46 pm |
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