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    Home»Altcoins»‘Horse has left the barn:’ ETHZilla bets massive on Ethereum’s stablecoin play
    ‘Horse has left the barn:’ ETHZilla bets massive on Ethereum’s stablecoin play
    Altcoins

    ‘Horse has left the barn:’ ETHZilla bets massive on Ethereum’s stablecoin play

    By Crypto EditorOctober 3, 2025No Comments5 Mins Read
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    ETHZilla CEO McAndrew Rudisill has revealed he made the choice to go all in on Ethereum after seeing its potential within the practically trillion-dollar world remittance market.

    Two months later, his previously floundering biotechnology firm is now the eighth-largest public Ethereum treasury on this planet.

    “Ethereum is successfully a gateway for cash provide globally to transmit in US {dollars},” ETHZilla CEO McAndrew Rudisill informed Cointelegraph.

    The corporate started life as Life Sciences Corp, a Nasdaq-listed biotechnology agency, which rebranded as ETHZilla Company in July, shortly after the US President Donald Trump signed the GENIUS Act into regulation, aiming to ascertain guidelines for stablecoins. 

    “There are a number of real-world asset purposes that you just’re going to have the ability to use Ethereum for, and they’re on their means proper now,” he stated, noting Ethereum’s perform as a retailer of worth as effectively. 

    ETHZilla is the eighth-largest Ether (ETH) treasury firm out of 69 listed and holds over 102,000 tokens.

    Rudisill stated the corporate determined to maneuver forward with Ether particularly as a result of the “race is on proper now,” to find out which blockchain is the very best, and the “horse has left the barn,” on Ethereum.  

    ‘Horse has left the barn:’ ETHZilla bets massive on Ethereum’s stablecoin play
    Since pivoting into Ether, ETHZilla Company has acquired over 102,000 tokens for its treasury. Supply: StrategicEtherReserve

    “Quite a lot of the brand new networks which were created on layer 2s are literally going to be networks that interface with what we might name conventional finance actions on this planet as we speak, whether or not or not it’s structured credit score, every kind of Wall Avenue purposes.”

    ETHZilla needs “as a lot Ether as doable”

    BitMine Immersion Applied sciences is the biggest Ether treasury firm, with 2.65 million tokens, price over $11 billion, and has set a purpose of holding 5% of the token provide.

    Rudisill stated ETHZilla doesn’t have a set quantity in thoughts however needs to accumulate “as a lot Ether as doable,” and put it to “work in quite a lot of completely different L2 protocols,” to generate “considerably greater yield” than regular staking.

    Supply: ETHZilla

    “We’re taking the money from the Ether to be deployed to purchase extra and successfully assist additional construct out the L2 community, as a result of that’s finally what’s going to permit Ethereum to broaden,” Rudisill stated.

    “The explanation ETHZilla exists is as a result of we need to be that bridge between what’s occurring with conventional finance and what’s occurring within the digital finance world. So having a number of Ethereum helps us to do this.” 

    Ether worth will rise off again of stablecoin development

    Ether is buying and selling fingers for $4,148, in response to CoinGecko, and has been shifting between $3,846 and $4,226 during the last seven days.

    Rudisill predicts {that a} worth of $20,000 for Ether within the subsequent few years isn’t completely unreasonable, as a result of the worth has been in a consolidation sample for years and is poised to interrupt out on the again of stablecoin development.

    “As soon as it breaks via $5,000, I feel it’s really going to be a perform of the underlying base load on the infrastructure simply being so tight that it’s going to push every stage up one. And I feel we’re really there proper now.”

    The GENIUS Act remains to be awaiting closing laws earlier than implementation, however analysts have additionally predicted will probably be a key driver for the market.