Traditional companies are joining Ethereum đ
More than 50 traditional companies, including financial institutions like Deutsche Bank and PayPal, as well as brands like Louis Vuitton and Adidas, are developing cryptocurrency-specific applications on Ethereum đ.
Event Analysis
Tokenization leadership: Ethereum is the leader in real-world asset (RWA) tokenization, with assets under custody valued at nearly ten times that of its blockchain competitor, Stellar đ.
Financial institutions: 13 of the 20 financial institutions building crypto infrastructure have issued RWAs, including Blackrockâs Ethereum-based fund BUIDL đŚ.
Stablecoins: Ethereum holds over 50% of the $400 billion stablecoin market, with supply set to increase 70% in 2024 thanks to coins like PayPalâs PYUSD and Robinhoodâs USDG đ¸.
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#MonedasEstables $ETH