📢 Vitalik Buterin stated during an interview with CNBC in Cannes that people often think institutions only care about "scalability" and "speed" - but the reality is quite the opposite. "Many institutions tell us directly that they care about Ethereum because it is stable, reliable, and does not break down." At EthCC, Buterin gave a keynote speech explaining the next direction of development for the Ethereum network and the "value trials" it faces during the process of accelerated adoption by institutions. He added that many institutions also request features related to "privacy" and other long-term forward-looking aspects - these are issues that institutions really consider important. Tomasz Stańczak, the new co-executive director of the Ethereum Foundation, also stated that the reasons why institutions choose Ethereum are based on these core values. "For ten years, Ethereum has never been interrupted for a second. Ten years of continuous updates, always maintaining security and resistance to censorship." He added that when institutions place orders in the market, they want to "be absolutely certain that their transactions will be processed fairly, without favoritism or discrimination, and executed accurately at the time of submission." With the gradual emergence of stablecoins and tokenized assets in the mainstream, this type of certainty guarantee is becoming increasingly valuable
