
A case for ETH
Ethereum holds about half the world's stablecoins and has never halted in eleven years. Its base layer charges ~$210M a year — and ~97% of ETH's market cap is premium, not cash flow.


An independent research desk on the merge of crypto and traditional finance — stablecoins, tokenization, DeFi, regulation and prediction markets. We read the market from Brazil and LatAm, where the next rails are being built first.

Ethereum holds about half the world's stablecoins and has never halted in eleven years. Its base layer charges ~$210M a year — and ~97% of ETH's market cap is premium, not cash flow.





























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