Ethereum cofounder Vitalik Buterin has expressed optimism about the accelerating growth of stablecoins, emphasizing their expanding role in payments, savings, and real world financial inclusion. Speaking about Ethereum’s broader vision, he highlighted that stablecoin applications represent the “bread & butter” of blockchain utility, bringing tangible value to millions across emerging economies.
- Ethereum as the Home of Stablecoins
- Polygon’s Expanding Role in Accessibility
- Global Currency Diversity & Local Adoption
Ethereum as the Home of Stablecoins
Vitalik noted that Ethereum has become the natural home for stablecoins, acting as a hub for innovation & economic activity. Over the past year, Ethereum’s Layer-1 network has seen an increasing number of stablecoins issued on top of it, reinforcing its position as the foundation for global digital finance.
He emphasized that Ethereum’s secure infrastructure allows stablecoin issuers & developers to create transparent, programmable assets that redefine payments, lending, & on-chain savings. More than half of stablecoin transactions in Latin America are consistently on Polygon, underscoring its growing dominance as the go to infrastructure for real world digital finance.
Polygon’s Expanding Role in Accessibility
Acknowledging the crucial role of Polygon, Vitalik praised how the Layer-2 network has made stablecoins more accessible through low-cost, high-speed transactions. Polygon’s technology enables millions of users, especially in developing markets, to experience efficient, reliable, & inclusive digital payments.
Polygon and Anq teams recently met with Prime Minister Modi’s Economic Advisor Sanjeev Sanyal to discuss tokenization & stablecoins, signaling India’s growing commitment to blockchain-backed financial innovation.
Global Currency Diversity & Local Adoption
Acknowledging the crucial role of Polygon, Vitalik praised how the Layer-2 network has made stablecoins more accessible through low-cost, high-speed transactions. Polygon’s technology enables millions of users, especially in developing markets, to experience efficient, reliable, & inclusive digital payments.
Revisiting the ethos of “banking the unbanked,” Vitalik spoke about his personal initiatives to support emerging economies. His contributions, including donations worth hundreds of millions of dollars across India & Africa, aim to ensure that everyone has equal opportunity to participate in the technological & economic revolution of the 21st century.
Catch up on the entire Space: https://t.co/yYMkZuiSpv
— Polygon (@0xPolygon) November 12, 2025
He commended the ongoing work in India’s biotech & crypto innovation ecosystem, recognizing projects that align with Ethereum’s vision of inclusive progress. Vitalik’s insights highlight Ethereum’s evolving role as the backbone for stablecoin innovation and Polygon’s critical position in scaling it for real world use.
If you find any issues in this blog or notice any missing information, please feel free to reach out at yash@etherworld.co for clarifications or updates.
Related Articles
Disclaimer: The information contained in this website is for general informational purposes only. The content provided on this website, including articles, blog posts, opinions, & analysis related to blockchain technology & cryptocurrencies, is not intended as financial or investment advice. The website & its content should not be relied upon for making financial decisions. Read full disclaimer & privacy policy.
For Press Releases, project updates & guest posts publishing with us, email contact@etherworld.co.
Subscribe to EtherWorld YouTube channel for ELI5 content.
Share if you like the content. Donate at avarch.eth.
You've something to share with the blockchain community, join us on Discord!
