Tom Lee, a well-known market strategist, has forecasted that major banks such as Goldman Sachs and JPMorgan are likely to adopt Ethereum (ETH) as a foundational infrastructure for their stablecoin operations
Tom Lee, a well-known market strategist, has forecasted that major banks such as Goldman Sachs and JPMorgan are likely to adopt Ethereum (ETH) as a foundational infrastructure for their stablecoin operations. Lee emphasized that banks will purchase ETH not merely for speculative purposes but to secure and support their stablecoins, positioning Ethereum’s architecture as integral to the future of banking. This development suggests a shift in how financial institutions might integrate blockchain technology, with Ethereum playing a central role in stablecoin issuance and security.
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