Ethereum (ETH) is gradually being recognized as the core infrastructure for expanding the digital economy. Recent regulatory advancements, including the anticipated passage of the U.S. stablecoin bill, are consolidating the position of blockchain technology as part of national infrastructure. This legislation positions stablecoins as important tools for businesses and financial institutions, significantly impacting Ethereum's role and adoption. The stablecoin bill is set to pass, incorporating blockchain into the framework of U.S. infrastructure law. This shift marks a significant step toward adoption and serves as a catalyst for the increasing use of Ethereum. Circle's USDC stablecoin is primarily built on Ethereum, typically exemplifying this development; approximately 75% of USDC circulation is within the Ethereum ecosystem. The bill is expected to encourage Wall Street firms to accelerate their investments in stablecoins.
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