Ethereum Set to Dominate Stablecoin Transactions

Jan van Eck, CEO of investment management firm VanEck, believes Ethereum will be the clear frontrunner among blockchains as banks prepare for a wave of stablecoin adoption. According to van Eck, banks will need to adopt blockchain technology to handle these transactions, and he predicts that Ethereum, with its strong ecosystem of decentralized applications (dApps), will be at the forefront of this transition.