Ethereum co-founder Joseph Lubin highlighted the importance of corporate ETH treasuries for the growth of the Ethereum ecosystem in a recent CNBC interview. Lubin emphasized that while a significant amount of Ether is circulating, the lack of activity to utilize it poses a challenge. He claimed that Ether treasuries can enhance the supply-demand dynamics necessary for the development of more applications. With an expectation of accumulating tens of millions of dollars in Ether daily, he believes that these treasuries will generate interest and scarcity around the asset. Lubin remarked on the maturity of the Ethereum ecosystem, stating it is now suitable for Web3 applications. He expressed optimism about the future growth of both Ether and Bitcoin as the industry shifts towards decentralization, especially following the recent changes in regulatory attitudes after Gary Gensler's departure from the SEC.

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