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Tom Lee Predicts Banks Will Hoard Ethereum as Stablecoin Reserves—Here’s Why It Matters
Tom Lee Predicts Banks Will Hoard Ethereum as Stablecoin Reserves—Here’s Why It Matters
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Wall Street’s latest crypto play? Stacking ETH like gold bars.
Fundstrat’s Tom Lee just dropped a bombshell prediction: traditional banks will soon treat Ethereum as reserve collateral for stablecoins. Forget vaults of cash—the future of banking liquidity might live on-chain.
Why Ethereum? Liquidity, smart contract flexibility, and that sweet institutional-grade sheen. Banks could bypass regulatory quicksand by using ETH-backed stablecoins instead of minting their own (and dealing with the SEC’s wrath).
One cynical footnote: After years of dismissing crypto as ‘rat poison,’ banks now want the very asset they mocked—just in time to profit from its infrastructure. How very… Wall Street.
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