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Staked Ether Is Creating a Benchmark for the Crypto Economy, Says ARK Invest

The growing use of stETH in DeFi protocols means ether’s yield is slowly taking the role of the federal funds rate in the crypto ecosystem, according to a report from Ark Invest.

Cathie Wood, CEO of ARK Invest at Consensus 2024 by (Shutterstock/CoinDesk)
Cathie Wood, CEO of ARK Invest at Consensus 2024 by (Shutterstock/CoinDesk)