• bitcoinBitcoin (BTC) $ 105,924.00
  • ethereumEthereum (ETH) $ 2,550.05
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.17
  • bnbBNB (BNB) $ 647.27
  • solanaSolana (SOL) $ 148.00
  • usd-coinUSDC (USDC) $ 0.999803
  • tronTRON (TRX) $ 0.274493
  • dogecoinDogecoin (DOGE) $ 0.170044
  • staked-etherLido Staked Ether (STETH) $ 2,549.71
  • cardanoCardano (ADA) $ 0.600595
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 105,775.00
  • hyperliquidHyperliquid (HYPE) $ 37.14
  • wrapped-stethWrapped stETH (WSTETH) $ 3,073.93
  • bitcoin-cashBitcoin Cash (BCH) $ 488.86
  • suiSui (SUI) $ 2.84
  • chainlinkChainlink (LINK) $ 13.09
  • leo-tokenLEO Token (LEO) $ 8.95
  • stellarStellar (XLM) $ 0.249641
  • avalanche-2Avalanche (AVAX) $ 18.20
  • the-open-networkToncoin (TON) $ 2.97
  • whitebitWhiteBIT Coin (WBT) $ 49.59
  • usdsUSDS (USDS) $ 0.999836
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wethWETH (WETH) $ 2,549.79
  • wrapped-eethWrapped eETH (WEETH) $ 2,728.06
  • litecoinLitecoin (LTC) $ 85.54
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999384
  • hedera-hashgraphHedera (HBAR) $ 0.148650
  • moneroMonero (XMR) $ 317.39
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • polkadotPolkadot (DOT) $ 3.51
  • bitget-tokenBitget Token (BGB) $ 4.33
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 105,933.00
  • uniswapUniswap (UNI) $ 7.77
  • pepePepe (PEPE) $ 0.000010
  • pi-networkPi Network (PI) $ 0.541068
  • aaveAave (AAVE) $ 260.01
  • daiDai (DAI) $ 0.999523
  • okbOKB (OKB) $ 53.72
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 352.46
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aptosAptos (APT) $ 4.43
  • crypto-com-chainCronos (CRO) $ 0.090415
  • internet-computerInternet Computer (ICP) $ 5.07
  • nearNEAR Protocol (NEAR) $ 2.18
  • jito-staked-solJito Staked SOL (JITOSOL) $ 179.24
  • susdssUSDS (SUSDS) $ 1.06
  • ethereum-classicEthereum Classic (ETC) $ 16.79
  • ondo-financeOndo (ONDO) $ 0.771941
  • tokenize-xchangeTokenize Xchange (TKX) $ 28.99
  • usd1-wlfiUSD1 (USD1) $ 0.999667
  • mantleMantle (MNT) $ 0.630111
  • gatechain-tokenGate (GT) $ 16.81
  • fasttokenFasttoken (FTN) $ 4.45
  • vechainVeChain (VET) $ 0.021824
  • official-trumpOfficial Trump (TRUMP) $ 9.37
  • kaspaKaspa (KAS) $ 0.070845
  • cosmosCosmos Hub (ATOM) $ 4.05
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 105,602.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.687170
  • ethenaEthena (ENA) $ 0.289118
  • skySky (SKY) $ 0.080079
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.189917
  • render-tokenRender (RENDER) $ 3.19
  • filecoinFilecoin (FIL) $ 2.36
  • usdt0USDT0 (USDT0) $ 0.999493
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,548.11
  • worldcoin-wldWorldcoin (WLD) $ 0.933925
  • arbitrumArbitrum (ARB) $ 0.307417
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.40
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997339
  • algorandAlgorand (ALGO) $ 0.169642
  • usdtbUSDtb (USDTB) $ 0.999804
  • kucoin-sharesKuCoin (KCS) $ 11.12
  • binance-staked-solBinance Staked SOL (BNSOL) $ 156.36
  • spx6900SPX6900 (SPX) $ 1.35
  • nexoNEXO (NEXO) $ 1.21
  • jupiter-exchange-solanaJupiter (JUP) $ 0.406113
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,902.40
  • flare-networksFlare (FLR) $ 0.017582
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,670.31
  • sei-networkSei (SEI) $ 0.209429
  • kaiaKaia (KAIA) $ 0.197025
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.74
  • celestiaCelestia (TIA) $ 1.66
  • injective-protocolInjective (INJ) $ 11.44
  • bonkBonk (BONK) $ 0.000014
  • fartcoinFartcoin (FARTCOIN) $ 1.03
  • sonic-3Sonic (S) $ 0.321576
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999915
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999176
  • blockstackStacks (STX) $ 0.644740
  • optimismOptimism (OP) $ 0.569558
  • xdce-crowd-saleXDC Network (XDC) $ 0.058453
  • paypal-usdPayPal USD (PYUSD) $ 0.999808
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,729.71
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,674.57
  • newton-projectAB (AB) $ 0.014355
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 105,806.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 105,859.00
  • wbnbWrapped BNB (WBNB) $ 646.82
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,676.31
  • pax-goldPAX Gold (PAXG) $ 3,376.58
  • the-graphThe Graph (GRT) $ 0.084792
  • tether-goldTether Gold (XAUT) $ 3,362.15
  • clbtcclBTC (CLBTC) $ 106,297.00
  • vaultaVaulta (A) $ 0.517816
  • story-2Story (IP) $ 2.77
  • curve-dao-tokenCurve DAO (CRV) $ 0.586171
  • dogwifcoindogwifhat (WIF) $ 0.798697
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • immutable-xImmutable (IMX) $ 0.408563
  • jito-governance-tokenJito (JTO) $ 2.25
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 165.41
  • aerodrome-financeAerodrome Finance (AERO) $ 0.863695
  • msolMarinade Staked SOL (MSOL) $ 192.72
  • flokiFLOKI (FLOKI) $ 0.000075
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,756.13
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.22
  • ousgOUSG (OUSG) $ 111.48
  • theta-tokenTheta Network (THETA) $ 0.693649
  • lido-daoLido DAO (LDO) $ 0.770691
  • zcashZcash (ZEC) $ 41.78
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998580
  • ethereum-name-serviceEthereum Name Service (ENS) $ 19.82
  • galaGALA (GALA) $ 0.014394
  • iotaIOTA (IOTA) $ 0.166444
  • bitcoin-svBitcoin SV (BSV) $ 32.08
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • the-sandboxThe Sandbox (SAND) $ 0.257132
  • pendlePendle (PENDLE) $ 3.85
  • usual-usdUsual USD (USD0) $ 0.997551
  • jasmycoinJasmyCoin (JASMY) $ 0.012536
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009506
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 105,631.00
  • walrus-2Walrus (WAL) $ 0.437057
  • pyth-networkPyth Network (PYTH) $ 0.099071
  • raydiumRaydium (RAY) $ 2.12
  • falcon-financeFalcon USD (USDF) $ 0.999632
  • super-oethSuper OETH (SUPEROETH) $ 2,549.83
  • tezosTezos (XTZ) $ 0.535332
  • tbtctBTC (TBTC) $ 105,437.00
  • coredaoorgCore (CORE) $ 0.552462
  • flowFlow (FLOW) $ 0.347265
  • saros-financeSaros (SAROS) $ 0.208127
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,549.80
  • wrapped-hypeWrapped HYPE (WHYPE) $ 37.09
  • syrupMaple Finance (SYRUP) $ 0.500631
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,678.82
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,728.99
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 105,818.00
  • apecoinApeCoin (APE) $ 0.631385
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,549.97
  • thorchainTHORChain (RUNE) $ 1.42
  • decentralandDecentraland (MANA) $ 0.257044
  • true-usdTrueUSD (TUSD) $ 0.997555
  • dexeDeXe (DEXE) $ 8.45
  • heliumHelium (HNT) $ 2.60
  • chain-2Onyxcoin (XCN) $ 0.013727
  • compound-governance-tokenCompound (COMP) $ 50.50
  • kavaKava (KAVA) $ 0.408137
  • beldexBeldex (BDX) $ 0.061481
  • staked-hypeStaked HYPE (STHYPE) $ 37.09
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.170227
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999801
  • based-brettBrett (BRETT) $ 0.043389
  • usddUSDD (USDD) $ 1.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,548.37
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 37.96
  • ripple-usdRipple USD (RLUSD) $ 0.999977
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • apenftAPENFT (NFT) $ 0.00000041
  • usdbUSDB (USDB) $ 0.996471
  • dydx-chaindYdX (DYDX) $ 0.508603
  • neoNEO (NEO) $ 5.65
  • elrond-erd-2MultiversX (EGLD) $ 13.86
  • morphoMorpho (MORPHO) $ 1.27
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • stader-ethxStader ETHx (ETHX) $ 2,709.93
  • grassGrass (GRASS) $ 1.35
  • ecasheCash (XEC) $ 0.000019
  • aioz-networkAIOZ Network (AIOZ) $ 0.325038
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006612
  • starknetStarknet (STRK) $ 0.113370
  • telcoinTelcoin (TEL) $ 0.004127
  • ether-fiEther.fi (ETHFI) $ 1.01
  • eosEOS (EOS) $ 0.517873
  • conflux-tokenConflux (CFX) $ 0.073347
  • ketKet (KET) $ 0.371477
  • axie-infinityAxie Infinity (AXS) $ 2.28
  • axelarAxelar (AXL) $ 0.374689
  • eigenlayerEigenlayer (EIGEN) $ 1.19
  • zebec-networkZebec Network (ZBCN) $ 0.004111
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,812.91
  • arweaveArweave (AR) $ 5.41
  • kaitoKAITO (KAITO) $ 1.45
  • mog-coinMog Coin (MOG) $ 0.00000089

Vitalik suggests Ethereum as a secure digital payment backup as Sweden and Norway shift back to cash

0 16

Vitalik suggests Ethereum as a secure digital payment backup as Sweden and Norway shift back to cash

Ethereum co-founder Vitalik Buterin believes that if decentralized networks become more robust and private, they can support national efforts to reduce reliance on cash.

In a May 25 post on X, Buterin commented on recent developments in Sweden and Norway, where authorities are rethinking their near-total shift toward digital payments.

Both countries have led the global trend in phasing out physical cash, but emerging security concerns are forcing a change in approach.

According to reports, the governments are urging citizens to keep using cash as a form of national preparedness. The recommendation follows growing worries about cyber warfare and the potential expansion of the Russia-Ukraine conflict.

Officials argue that in the event of network failures or hostile attacks, cash remains the most accessible and resilient payment method.

The shift highlights a broader tension between innovation and stability in national financial systems. While digital payments offer speed and convenience, recent events suthey’rehey’re not yet a complete substitute for physical money in high-risk scenarios.

Ethereum offers promise

In Buterin’s view, the centralized digital systems were too fragile to withstand geopolitical shocks, which invariably made cash “necessary.”

According to him:

“Nordics are walking back the cashless society initiative because their centralized implementation of the concept is too fragile. Cash turns out necessary as a backup.”

Buterin sees these concerns as an opening for Ethereum to step in, but only if the network evolves.

He suggested Ethereum could offer a more durable alternative if it could operate securely, privately, and independently of single points of failure.

Buterin said:

“Ethereum needs to be resilient enough, and private enough, to be able to credibly play this kind of role.”

He stressed that Ethereum would need to improve significantly before supporting such critical infrastructure. That includes enhancing privacy protections and increasing its system resilience by decentralizing more.

Already, the network is making significant changes by introducing new features that improve its functionality. However, Ethereum still faces technical barriers, such as scalability issues and transaction costs, which might impede its adoption in such emergencies.

Source

Leave A Reply

Your email address will not be published.