Traditional companies are joining Ethereum 🚀

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 📈.

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 📊.

Financial institutions: 13 of the 20 financial institutions building crypto infrastructure have issued RWAs, including Blackrock’s Ethereum-based fund BUIDL 🏦.

Stablecoins: Ethereum holds over 50% of the $400 billion stablecoin market, with supply set to increase 70% in 2024 thanks to coins like PayPal’s PYUSD and Robinhood’s USDG 💸.

#Ethereum#Tokenization #MonedasEstables $ETH