VanEck CEO Dubs Ethereum ’The Wall Street Token’ as Stablecoin Adoption Soars
Wall Street's favorite crypto just got a new nickname—and it's sticking.
ETH's Institutional Makeover
VanEck's chief executive just branded Ethereum the de facto financial infrastructure token for traditional finance. The declaration comes as stablecoin volumes on the network smash records weekly—turning what was once a speculative asset into a legitimate settlement layer for global value transfer.
Stablecoins Steal the Show
Forget NFTs and DeFi yields. The real narrative is stablecoin adoption, with Ethereum processing more dollar-pegged transactions than ever. Major institutions are leveraging ETH not for speculation, but for moving real money—fast, cheap, and without banking hours.
But let's be real: if Wall Street embraces it, you know the fees are about to go up.