Consensys founder: Ethereum is a global settlement layer, and stablecoins will become a global settlement currency

Joseph Lubin, founder of Consensys and co-founder of Ethereum, said in a post on the X platform that Ethereum is achieving the same transformation for value: it provides a shared, open, programmable currency standard. Ethereum is a global settlement layer that has been running non-stop every 12 seconds for nearly a decade, all year round, without error. Last year alone, it settled more than $25 trillion in value. Ethereum has the most stablecoins, real-world assets (RWA) and asset tokenization projects. At the same time, it is also an asset with native payoff capabilities, built-in re-pledge mechanism and DeFi ecosystem.
Stablecoins will soon replace the U.S. dollar as the global settlement currency, and the public market is beginning to realize this. Proud to lead a $425 million private funding round for SharpLink, bringing Ethereum exposure to traditional capital markets. SBET hopes to benefit from Ethereum's native earnings opportunities and use this to demonstrate these advantages to the public market.