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Extremely bullish statements about ETH have come from one of the founders of Ethereum!
Joseph Lubin, one of the co-founders of Ethereum and the founder of Consensys, stated in a statement made via social media that Ethereum has initiated a new era in global value transfer.
Lubin said, "Just as the internet fundamentally changed the transmission of information, Ethereum is transforming the way value is transferred to the same extent. It offers a shared, open, and programmable money standard."
Lubin stated that Ethereum has been producing a block approximately every 12 seconds for nearly a decade and that over 25 trillion dollars in value has been transferred through this network in the past year. Lubin expressed that Ethereum hosts the most stablecoins, real-world assets (RWA), and asset tokenization projects, and also pointed out that the network offers local revenue generation capacity and possesses an advanced DeFi ecosystem with a re-staking mechanism.
Lubin stated that thanks to these features of Ethereum, it paves the way for stablecoins that will replace the dollar in the global payment infrastructure, saying, "Public markets are just beginning to realize this fact."
*It is not investment advice.
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