Institutional Investors Shun Ethereum in Favor of Privacy-Focused Blockchains

Financial giants are making a strategic shift away from Ethereum as they seek out more secure and private alternatives. Klarna’s recent decision to launch its stablecoin on the Tempo blockchain, developed by Stripe and Paradigm, marks a notable departure from the public network. This trend highlights growing concerns about Ethereum’s lack of privacy features and raises questions about whether it will retain its dominance in the institutional market.