⚠️ Ethereum is quietly facing a serious structural issue, and almost no one’s talking about it 📉
Right now, there’s over 💰 $127B in stablecoins on Ethereum — with Tether 🪙 making up more than half. Meanwhile, ETH’s market cap has dropped from $400B to $304B.
Why is this a problem?
Stablecoins are gaining influence in DeFi while ETH’s role as a settlement and governance asset weakens. With stablecoins projected to hit 📊 $500B by 2028, this imbalance risks disrupting Ethereum’s decentralization and long-term economic model 🧐
If the native token doesn’t grow with the stablecoin layer it supports, Ethereum’s proof-of-stake system could lose strength, opening the door to centralization risks.
A reminder: not every crypto challenge is obvious on the surface ⚙️
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#Ethereum #DeFi #Stablecoins #CryptoInsights #bitinsider