Q: What does Stablecoin to the price of Ethereum? I understand that Stablecoins are pegged to USD. If more transactions happen on the Ethereum network, why would the value of Ethereum increase? I can't see the connection.
If I wanted to dip my foot into Ethereum, should I buy ETFs like ETHA? Any other recommendations?
If I wanted to dip my foot into Ethereum, should I buy ETFs like ETHA? Any other recommendations?
5i Research Answer:
Roughly half, if not more, of all stablecoin activity happens on the Ethereum network. It is...
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ETHQ, ETHA.