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Joseph Lubin: Ethereum annual Settlement of $250 trillion, stablecoins will replace the US dollar as the global settlement currency.
Joseph Lubin, founder of Consensys and co-founder of Ethereum, posted on Platform X that Ethereum is enabling the same revolution for value: it provides a shared, open, programmable monetary standard. Ethereum is the global settlement layer, running every 12 seconds for nearly a decade, all year round. Last year alone, it settled more than $25 trillion in value. Ethereum has the largest number of stablecoins, real-world assets (RWAs), and asset tokenization projects. At the same time, it is also an asset with native yielding ability, with a built-in re-staking mechanism and DeFi ecosystem.
Stablecoins are set to quickly replace the US dollar as the global settlement currency, and the public market is beginning to gradually realize this. We are proud to lead a $425 million private placement financing for SharpLink, bringing exposure to Ethereum into the traditional capital markets. SBET hopes to benefit from the native yield opportunities of Ethereum and showcase these advantages to the public market.