TLDR Crypto · MISCELLANEOUS

ETHEREUM TURNS 10: FROM EXPERIMENT TO WALL STREET'S BACKBONE

cnbc.com20 min read

Summary from the TLDR Crypto newsletter

Ethereum has transformed from an experiment launched by developers in a Berlin loft into a $420 billion platform that serves as the backbone for Wall Street's next generation of finance. Major institutions like BlackRock, Robinhood, and Deutsche Bank build directly on its infrastructure. Stablecoins on Ethereum now process $28 trillion annually, surpassing Visa and Mastercard combined, while tokenized assets from money market funds to stocks are increasingly migrating to Ethereum-based platforms for faster, cheaper transactions with advanced functionality.