#ETHZilla Bets on #Ethereum Stablecoin Infrastructure Growth


ETHZilla Corporation CEO McAndrew Rudisill says #Ethereum's role in the nearly trillion-dollar global remittance market drove his decision to pivot the company entirely to $ETH. The firm now ranks as the eighth-largest public Ethereum treasury worldwide.


Rudisill told reporters that $ETH functions as a gateway for global money supply transmission in U.S. dollars. The CEO highlighted real-world asset applications and store of value functions as key growth drivers for the network.


The company rebranded from Life Sciences Corp in July, shortly after President Donald Trump signed the GENIUS Act into law. The legislation aims to establish regulatory frameworks for #stablecoins in the United States.


ETHZilla currently holds over 102,000 $ETH tokens. The firm plans to deploy holdings across layer-2 protocols to generate substantially higher yields than traditional staking methods.


Rudisill stated the company wants to acquire as much $ETH as possible without setting specific numerical targets. The strategy involves using cash from holdings to buy more tokens while helping build out the layer-2 network infrastructure.


#BitMine Immersion Technologies leads all $ETH treasury companies with 2.65 million tokens worth over $11 billion. The firm has set a goal of holding 5% of the total token supply.

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October 03, 2025 at 5:21 PM
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