Founder of Consensus sys: Ethereum is the global settlement layer, and stablecoin will become the global settlement currency."
According to online reports, Joseph Lubin, founder of Consensus sys and co-founder of Ethereum, wrote on the X platform that Ethereum is achieving the same transformation for value: it provides a shared, open programmable currency standard. Ethereum is a global settlement layer. It has been running every 12 seconds without interruption in the past ten years, and without any errors all year round. Last year alone, it settled more than $25 trillion in value. Ethereum has the largest number of stablecoins, real-world assets (RWAs) and asset tokenization projects. At the same time, it itself is also an asset with native profitability, with a built-in re-pledge mechanism and DeFi ecosystem. The stablecoins will soon replace the US dollar as the global settlement currency, and the public market is beginning to realize this. I am proud to lead a $425 million private equity financing for SharpLink, bringing Ethereum's exposure to traditional capital markets. SBET hopes to benefit from the revenue opportunities inherent in Ethereum and use it to showcase these advantages to the public market.
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