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Citi: Ethereum’s Merge Will Have Several Consequences for the Blockchain

Ethereum will probably become deflationary as token issuance decreases while the burn mechanism is maintained, the bank said.

Ethereum's Merge will have a number of outcomes, Citigroup wrote in a note. (Bradley D. Saum/Shutterstock)
Ethereum's Merge will have a number of outcomes, Citigroup wrote in a note. (Bradley D. Saum/Shutterstock)