Etheruem (ETH) has become the center of attention in the market with its recent rise and new record breaking, and has also become the new favorite of institutional investors.
At this point, while there were big bullish predictions for Etheruem that it would be the future of finance, important statements also came from VanEck CEO Jan van Eck.
He said Ethereum will be at the center of financial adoption.
ABD’li medya kuruluşu Fox Business’a konuşan VanEck CEO’su He said Ethereum will be at the center of financial adoption.
Calling Ethereum the “cryptocurrency of Wall Street,” VanEck CEO stated that ETH will be the ultimate winner in the stablecoin sector.
At this point, the VanEck CEO predicted that banks and financial institutions will inevitably switch to stablecoin payments and adopt blockchain, with Ethereum being the ultimate winner.
“Ethereum is the Wall Street coin. Ultimately, Wall Street institutions will develop stablecoins on Ethereum, and ETH will be the ultimate winner.”
Stating that the widespread adoption of stablecoins will require all financial services companies to build supporting infrastructures, the famous CEO concluded that competition will be fierce but that Ethereum will prevail.
“Many companies are making efforts to adopt stablecoins, and banks will have to adapt as well, knowing they will lose out.
At this point, companies need to use blockchain technology to enable the use of stablecoins over the next 12 months.
It will take some time, but no financial services company wants to say ‘no, don’t send me that digital dollar.’
Ultimately, Etheruem will win.”
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/vaneck-ceo-praises-this-altcoin-it-will-be-wall-streets-cryptocurrency/