Ethereum Now Holds $165B in ‘Digital Dollars’ — Bigger Than Singapore & India’s FX Reserves

Ethereum’s ecosystem continues to draw attention as stablecoins on its blockchain reach approximately $165 billion in reserves, positioning it among the world’s largest. However, ETH’s spot price has softened, dropping below $4,000, reflecting cautious investor sentiment. Market participants are closely watching institutional positioning and on-chain metrics. They want to see if Ethereum’s role as a macro-scale digital reserve can drive renewed price momentum soon source: https://beincrypto.com/ethereum-now-holds-165b-in-digital-dollars/