Ethereum Foundation Swaps 1,700 ETH for USDC on Uniswap

The Ethereum Foundation recently executed a significant transaction, swapping 1,700 ETH for 2.738 million USDC on the decentralized platform Uniswap. Significantly, this action underscores the rising prominence of stablecoins in the evolving digital economy. On-chain analytics reveal that the 1,700 ETH originated from a Safe multisig wallet address, 0xbC9a9, roughly half an hour before the

The post Ethereum Foundation Swaps 1,700 ETH for USDC on Uniswap appeared first on CoinGape.