INSUBCONTINENT EXCLUSIVE:
According to Consensys, Ethereum is evolving beyond a smart contract platform into a foundational layer for verifiable, programmable trust
stablecoins and decentralized finance as early signals of that shift, further predicting that demand for Ether (ETH) could rise sharply in
behind nearly every economic interaction
According to Consensys, the global economy spends over $9.3 trillion annually on trust infrastructure in insurance, legal systems, auditors,
compliance, notaries and go-betweens
efficiency and value of this type of trust infrastructure, Consensys argues that demand for Ethereum will rise accordingly, driving
long-term growth in the value of ETH.Related: Vitalik Buterin proposes minimalism as key to layer-2 blockchain successHow Trustware reshapes
to protect the economic activity on Ethereum
It operates on a simple premise: The more value Ethereum secures, in the form of stablecoins and other DeFi assets, the more expensive it
Linehan said the model assumes $1 trillion value in stablecoins, $500 billion in tokenized real-world assets (RWAs), and $300 billion in
Source: ConsensysThe report also suggests that investors in ETH are still early stages
Currently, the total market capitalization of cryptocurrencies represents 0.3% of global wealth, while stablecoin volume is 0.1% of foreign
exchange.As of May 31, Ethereum had secured $220 billion in High-Quality Liquid Assets (HQLA) onchain, according to Consensys, significantly
network upgrades and a legacy of foundational innovations, including smart contracts, NFTs, tokens, DeFi, DAOs, oracles, rollups,
Consensys says that while other blockchains may attract specific sectors, like gaming and memecoins, where trustware is less critical,
and all other asset classes will be accessed and transacted in thousands of times a second, 24/7/365, by the most sophisticated algorithms
