Ethereum Foundation Swaps 1,700 ETH for USDC on Uniswap | Headlines | News | CoinMarketCap

10/09/2023 21:57
Ethereum Foundation Swaps 1,700 ETH for USDC on Uniswap | Headlines | News | CoinMarketCap

The Ethereum Foundation recently executed a significant transaction, swapping 1,700 ETH for 2.738 million USDC on the decentralized platform Uniswap. …

CoinGape10 minutes ago

EthereumEthereum

SafeSafe

UniswapUniswap

FoundationFoundation

USDCUSDC

Published on October 09, 2023 14:45 GMT+00:00edited on October 09, 2023 14:49 GMT+00:00

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

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