Consensys Founder: ETH is the Global Settlement Layer, Stablecoins Will Become the Global Settlement Currency

ChainCatcher news: Consensys founder and Ethereum co-founder Joseph Lubin posted on the X platform stating that Ethereum is undergoing a similar transformation for value realization: it provides a shared, open, programmable currency standard. Ethereum is a global settlement layer that has been running uninterrupted every 12 seconds for nearly a decade, operating 24/7 with zero errors. Last year alone, it settled over 25 trillion USD in value. Ethereum hosts the largest number of stablecoins, real-world assets (RWA), and asset tokenization projects. At the same time, it is an asset with native yield capabilities, featuring built-in re-staking mechanisms and a DeFi ecosystem. Stablecoins will soon replace the US dollar as the global settlement currency, and the public market is gradually becoming aware of this. Proud to lead a $425 million private placement for SharpLink, bringing Ethereum exposure into traditional capital markets. SBET aims to benefit from Ethereum's native yield opportunities and demonstrate these advantages to the public market.