BlockBeats News, June 3rd, Consensys founder and Ethereum co-founder Joseph Lubin posted on social media, stating, "Just as the Internet changed the way information is transmitted, Ethereum is effecting a similar transformation for value: it provides a shared, open, programmable currency standard. Ethereum is a global settlement layer, running uninterrupted every 12 seconds for nearly a decade, 24/7, flawlessly. Just last year, 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 itself an asset with native revenue-generating capabilities, incorporating a built-in re-collateralization mechanism and the DeFi ecosystem.
Soon, stablecoins will replace the US dollar in global settlement. The public markets are beginning to recognize this. I'm proud to lead a $425 million private placement for SharpLink, introducing Ethereum's exposure to traditional capital markets. SBET hopes to benefit from Ethereum's native revenue opportunities and showcase these advantages to the public markets."
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