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Ethereum Labeled ‘Wall Street Token’ as Banks Adapt to Stablecoin Demands


by Chayanika Deka
for CryptoPotato
Ethereum Labeled ‘Wall Street Token’ as Banks Adapt to Stablecoin Demands

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Jan van Eck, CEO of investment management firm VanEck, recently described Ethereum as “the Wall Street token” while talking about its surge this quarter.

In an interview with Fox News Business this week, van Eck said that with the rise of stablecoins, every bank and financial services company now needs infrastructure to process them.

Read the article at CryptoPotato

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Ethereum Price $2,200 Collapse Raises Risk Of A Sub-$2K Spike

Ethereum Price $2,200 Collapse Raises Risk Of A Sub-$2K Spike

Ethereum price started a major decline after it failed to clear $2,500. ETH is down 2...
BREAKING: Vitalik Buterin Didn’t Miss the Latest Drop – He Sold Ethereum Again, Here Are the Details

BREAKING: Vitalik Buterin Didn’t Miss the Latest Drop – He Sold Ethereum Again, Here Are the Details

Ethereum founder Vitalik Buterin sold ETH minutes ago, according to onchain data. Her...

Ethereum Labeled ‘Wall Street Token’ as Banks Adapt to Stablecoin Demands


by Chayanika Deka
for CryptoPotato
Ethereum Labeled ‘Wall Street Token’ as Banks Adapt to Stablecoin Demands

Share:

Jan van Eck, CEO of investment management firm VanEck, recently described Ethereum as “the Wall Street token” while talking about its surge this quarter.

In an interview with Fox News Business this week, van Eck said that with the rise of stablecoins, every bank and financial services company now needs infrastructure to process them.

Read the article at CryptoPotato

In This News

Coins


Share:

In This News

Coins


Share:

Read More

Ethereum Price $2,200 Collapse Raises Risk Of A Sub-$2K Spike

Ethereum Price $2,200 Collapse Raises Risk Of A Sub-$2K Spike

Ethereum price started a major decline after it failed to clear $2,500. ETH is down 2...
BREAKING: Vitalik Buterin Didn’t Miss the Latest Drop – He Sold Ethereum Again, Here Are the Details

BREAKING: Vitalik Buterin Didn’t Miss the Latest Drop – He Sold Ethereum Again, Here Are the Details

Ethereum founder Vitalik Buterin sold ETH minutes ago, according to onchain data. Her...