Ethereum Derives Value From Driving Tokenization, Stablecoin Growth: Bernstein
Analysts at Bernstein say that Ethereum (CRYPTO: ETH) is emerging as the foundational layer for real-world financial applications such as stablecoins and tokenization and developments that signal a turning point for public blockchain utility and value.
In their latest note, Bernstein analysts wrote, “Stablecoins and tokenisation driven financial applications are being built on public blockchain/crypto networks such as Ethereum.”
They argue that while Bitcoin‘s (CRYPTO: BTC) narrative remains rooted in store-of-value use cases, Ethereum’s strength lies in enabling decentralized financial infrastructure at scale.
The report highlights how this utility is becoming more visible to institutional investors. While Bitcoin ETFs have gathered over $120 billion in assets under management, Ethereum ETFs, though smaller in comparison, have started …
About The Author
