The analyst highlights the role of Ethereum in settling global liquidity in dollars
According to ChainCatcher, Leon Weidman shared insights on platform X, emphasizing Ethereum's evolving role that goes beyond being a smart contract platform. Ethereum has become a critical settlement layer for global liquidity in dollars, processing around $90 billion to $100 billion in stablecoin transfers daily. These transactions primarily include USDT and USDC, used for payments, money management, and settlement, representing a real flow of value on-chain rather than DeFi cycles or incentive mining.$BTC

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