The potential of Ethereum continues to grow, USDC becomes the first choice stablecoin for DeFi.

Ethereum, as the leader in the crypto assets market, has always attracted significant attention for its price performance. As the second largest crypto asset by market capitalization, there are several potential factors that may drive its price rise, and these factors continue to increase over time.

Recently, a well-known fintech company announced plans to go public through a special purpose acquisition company (SPAC). The company's executives stated that this decision is an important milestone in the company's development.

The company is continuously expanding its partner network to enhance the influence of its flagship product USDC. Company executives pointed out that this move aims to increase transparency, support USDC reserves, and build a business ecosystem around the Ethereum stablecoin.

This company is committed to becoming the most open and transparent stablecoin provider in the market. Through the upcoming public declaration and new USDC reserve certification, the company plans to provide detailed information about USDC. The company's goal is to meet the transparency standards required by the United States Securities and Exchange Commission ( SEC ) while complying with new regulatory requirements and exploring autonomous models.

Industry experts believe that the company's listing may trigger a new wave of institutional investors entering the Crypto Assets space. By enhancing transparency and compliance levels, more institutions may be attracted to Ether, especially in the decentralized finance (DeFi) sector.

Many well-known figures in the investment community are optimistic about the potential of Ethereum, believing that certain application scenarios are forming a whole new financial system. However, the lack of a clear regulatory framework has hindered the participation of some institutions, and this situation may change with the company's listing.

Analysis indicates that USDC is becoming the dominant stablecoin in the Ethereum ecosystem, gradually replacing other competitors' positions in the DeFi sector. Currently, approximately $12.5 billion of USDC, or 50% of its total supply, has been locked in smart contracts. This shows that USDC has become "the preferred stablecoin in DeFi."

From mainstream DeFi protocols like Maker, Aave, and Compound, USDC has become an important force driving a large number of DeFi applications, and this trend may continue in the future. With the company launching new DeFi-related products and services, more funds are expected to flow into the DeFi ecosystem.

Market analysts believe that Ethereum has successfully eliminated some speculative factors while improving the level of actual application, which is reflected in the increase in the number of Ethereum addresses. The Ethereum network itself is accelerating the digitalization process of currency.

If this company can fully leverage its advantageous position in this future industry that could be worth trillions of dollars, Wall Street and other institutional investors may find a legitimate channel to enter the future financial sector through its SPAC.

Some experts believe that, compared to its potential, the current trading price of Ethereum is still undervalued. As the second largest Crypto Asset by market capitalization, Ethereum may follow a trajectory similar to that of Bitcoin in 2017. Based on its future supply constraints, Ethereum is expected to achieve higher growth.

Ethereum may represent a higher level of innovation, enhancing the level of financial technology. As the cornerstone of the Crypto Assets market, Ethereum is continuously shining. With the reduction in the supply of Ethereum and the rapid digitization of financial technology, its future development is worth looking forward to.