SharpLink: More than half of the stablecoin supply exists on Ethereum, which is bullish for ETH
According to online reports, SharpLink issued an article saying that stablecoins are one of the largest financial revolutions and the clearest use case for blockchain. U.S. Treasury Secretary Scott Bessant believes that by 2030, the supply of stablecoins will soar from the current $250 billion to a market value of $3.7 trillion. More than half of the supply currently exists on Ethereum. Growing stablecoin base = more demand for Ethereum block space. This is good news for Ethereum, which is bullish for ETH.
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