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

ChainCatcher news, Consensys founder and Ethereum co-founder Joseph Lubin posted on the X platform that Ethereum is bringing about the same transformation for value realization: it provides a shared, open programmable currency standard. Ethereum is the global settlement layer, running continuously every 12 seconds for nearly a decade, year-round, without error.

Just last year, 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, built-in re-staking mechanisms, and a DeFi ecosystem.

Stablecoins are soon to replace the US dollar as the global settlement currency, and the public market is gradually becoming aware of this. Proud to lead a $425 million private placement financing for SharpLink, bringing Ethereum exposure into traditional capital markets. SBET hopes to benefit from Ethereum's native yield opportunities and showcase these advantages to the public market.