Jan Van Eck Predicts Ethereum’s Rise as Banks Embrace Stablecoins

VanEck CEO Jan van Eck believes that Ethereum will become the go-to blockchain for banks due to a surge in stablecoin adoption. The executive predicts that banks must integrate this technology or face losing out to competitors. This prediction comes on the heels of the US Genius Act, which saw stablecoin supply surpass $280 billion, driving financial institutions towards incorporating blockchain technology into their payment systems.