🔴Increasing Demand for Ethereum Amid Stablecoin Regulation📉📈
🔸️According to Foresight News, Hong Hao, CEO and Head of Global Asset Allocation at Huafu International, pointed to the pivotal roles of Ethereum and Bitcoin in the digital world. Bitcoin is seen as a means of storing value, while Ethereum operates as a transaction tool. The 'Genius Law' has granted legal status to stablecoins, significantly boosting demand for Ethereum as a settlement network for these digital currencies. This surge in demand has led Ethereum to surpass Bitcoin in July 2025, with the potential to reach new historical levels.
In the short term, the development of stablecoins and digital currencies is expected to reinforce the dominance of the US dollar. However, in the long term, this may contribute to a more open monetary system. Ethereum, Bitcoin, and other digital currencies are considered core asset classes for investors amid a wave of growth in digital assets.