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Ethereum Foundation Converts 1,000 ETH to Stablecoins in a $4.46M Cowswap Maneuver

This week, the Ethereum Foundation decided to mix things up, cashing out 1,000 ether for stablecoins through Cowswap to bankroll research, development, and grants. The foundation pulled off the swaps over the past day, s...

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Ethereum Foundation Converts 1,000 ETH to Stablecoins in a $4.46M Cowswap Maneuver
This week, the Ethereum Foundation decided to mix things up, cashing out 1,000 ether for stablecoins through Cowswap to bankroll research, development, and grants. The foundation pulled off the swaps over the past day, slicing the conversions into four clean, calculated transactions. Ethereum Foundation Turns $4.46M in ETH Into Stablecoins On Friday, the Ethereum Foundation […]

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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