Consensys founder: Ethereum is the global settlement layer, stablecoins will replace the US dollar in global settlements.

On June 3, Joseph Lubin, founder of Consensys and co-founder of Ethereum, posted on social media, "Just as the Internet has changed the way information is delivered, Ethereum is transforming value in the same way: it provides a shared, open, programmable monetary standard." Ethereum is the global settlement layer, running every 12 seconds for nearly a decade, all year round. Last year alone, it settled more than $25 trillion in value. Ethereum has the largest number of stablecoins, real-world assets (RWAs), and asset tokenization projects. At the same time, it is also an asset with native yielding ability, with a built-in re-staking mechanism and DeFi ecosystem. Soon, stablecoins will replace the US dollar in global settlements. The public market is beginning to realize this. We are proud to lead a $425 million private placement of SharpLink, bringing exposure to Ethereum into traditional capital markets. SBET hopes to benefit from Ethereum-native yield opportunities and showcase these benefits to the public market."