Overview

• Jan van Eck said on Fox Business that Wall Street CTOs choosing a blockchain will pick Ethereum or EVM‑compatible networks.
• He warned that every bank will need to accept and process stablecoins or risk losing clients.
• Reports citing DefiLlama place the stablecoin market near $280 billion, with roughly half issued on Ethereum.
• Coverage links the recently signed GENIUS Act to expectations that U.S. banks could issue stablecoins.
• Investor flows have strengthened, with U.S. spot ETH ETFs taking in about $1.8 billion over five days versus $171 million for Bitcoin funds, and VanEck’s ETHV up about 95% in six months.