EthCC: Crypto Summit in Cannes

This is a U.S. news story, published by CNBC, that relates primarily to Vitalik Buterin news.

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Business

Business & Economics

Ethereum is powering Wall Street's future. The crypto scene at Cannes shows how far it's come

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80% Informative

Robinhood became the first public U.S. company to launch tokenized stocks on-chain, using Ethereum’s Arbitrum network.

BlackRock , Deutsche Bank , Coinbase , and Kraken all building directly on its rails.

EthCC, now in its eighth year , has tracked the trajectory from scrappy experiment to institutional backbone.

Stablecoins, meanwhile, continue to serve as the backbone of the infrastructure.

Even as newer blockchains tout faster speeds and lower fees, Ethereum is proving its staying power as a trusted network.

"A lot of institutions basically tell us to our faces that they value Ethereum because it's stable and dependable, because it doesn't go down," says Vitalik Buterin .

The real test now is whether the network can scale without losing its core values.

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