To be fair you can almost class Eth as a stablecoin at this point..
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tldr; Consensys CEO Joseph Lubin warned against excessive leverage in cryptocurrency treasury firms, emphasizing the risks of unchecked practices. He highlighted SharpLink, Consensys’s Ethereum treasury firm, which currently operates without leverage. Lubin predicted strong future demand for Ethereum and Bitcoin, suggesting they could rival traditional reserve currencies. He also stressed the importance of stablecoins, particularly those built on Ethereum, in enhancing global financial systems and the U.S. dollar’s influence.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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To be fair you can almost class Eth as a stablecoin at this point..
tldr; Consensys CEO Joseph Lubin warned against excessive leverage in cryptocurrency treasury firms, emphasizing the risks of unchecked practices. He highlighted SharpLink, Consensys’s Ethereum treasury firm, which currently operates without leverage. Lubin predicted strong future demand for Ethereum and Bitcoin, suggesting they could rival traditional reserve currencies. He also stressed the importance of stablecoins, particularly those built on Ethereum, in enhancing global financial systems and the U.S. dollar’s influence.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.