EthFinance

Soon, the primary concern of the U.S. Federal Reserve should be to run enough Ethereum validators that it isn’t left out of securing the chain holding $200B (and growing) in stablecoins

A #Bitcoin strategic reserve may be optional, but establishing an #Ethereum strategic reserve is absolutely imperative and rises to the level of national security.

Here’s why:

The total stablecoin market capitalization now exceeds $200 billion, with the vast majority…

AdrianoFeria.eth 🦇🔊 🛡️

Soon, the primary concern of the U.S. Federal Reserve should be to run enough Ethereum validators that it isn’t left out of securing the chain holding $200B (and growing) in stablecoins

https://x.com/adrianoferia/status/1867814464394875057

https://defillama.com/stablecoins

Aviator, diver, Etherean, nexialist, PhD in aviation ∩ climate science | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

we do not want the state running validators. Well I guess technically the fed is a private institution but not really. fuck that shit IMHO.

I want privacy and the freedom to do what I want, when I want, and where I want as long as I am harming no one. Why is that so much to ask? $BTC $XMR $ANON

I agree with the sentiment, but (i) what anyone wants doesn’t matter on a permissionless chain, and (ii) if we agree that the next dollarization battle lines will be onchain, then that’s where Uncle Sam needs to be to promote the use of USD-denominated stablecoins on the largest DeFi infrastructure ever built (Ethereum)