Since 2020, stablecoin adoption has surged 60 times, surpassing $200 billion, with Ethereum recognized as the most reliable network for stablecoin issuance due to its global reach and low fees.

Ethereum's price has surged 23% over the past week, outperforming Bitcoin's 13%, although it remains below its all-time high of $4,855 from November 2021.

The narrative around Ethereum is shifting from NFTs and DeFi to its integration with traditional finance, especially in stablecoins and real-world asset tokenization.

Fidelity's recent report presents a GDP-like framework for evaluating blockchain activity, emphasizing Ethereum's dual role as a medium of exchange and a store of value as its ecosystem grows.

Ethereum is likened to 'digital oil,' functioning as a yield-bearing commodity that supports decentralized finance and computation, while also offering staking rewards.

Fidelity considers Ethereum a sovereign digital economy where ETH acts as both a store of value and a medium of exchange, reinforcing its foundational role.

As Ethereum's ecosystem expands, demand for ETH is increasing, evidenced by rising daily active wallets and transaction counts.

Over 54% of stablecoins are issued on Ethereum, positioning it as a key reserve asset in the digital dollar economy.

Ethereum's dominance in stablecoin issuance and settlement is driven by its global accessibility, security, and political neutrality, outperforming competitors like Tron.

Recent fee reductions and layer-2 scaling strategies aim to facilitate mass adoption and attract institutional players, similar to Bitcoin's recent market performance.

ETH functions akin to Treasuries or gold, providing collateral, settlement, and yield, with over $19 billion in loans backed by ETH in decentralized finance.

Ethereum's role as a reserve asset parallels traditional assets, offering a potential share of the $500 trillion global store-of-value market.