6-8-2025 – Figment CEO Lorien Gabel announced that recent U.S. regulatory changes are boosting Ethereum’s growth and the broader cryptocurrency market, in an interview with Bloomberg. The passage of the market structure bill has clarified Ethereum’s role, positioning it as a key platform for decentralized finance applications like stablecoins, which are seeing record-high trading volumes.
Gabel emphasized Ethereum’s role as “programmable money,” enabling developers to build applications such as stablecoins and tokenized real-world assets via smart contracts. He noted that Ethereum is processing more transactions than ever, a trend that could drive price appreciation.
Additionally, Gabel highlighted staking, where token holders lock assets to secure the network and earn rewards, as a cornerstone of Ethereum’s ecosystem and a safer yield-generating option compared to riskier DeFi strategies. Discussing the banking sector, Gabel argued that cryptocurrencies offer a decentralized alternative to traditional finance, addressing risks like those in the fractional reserve system. He pointed to growing acceptance among banks, spurred by a more crypto-friendly U.S. administration, which has eased regulatory uncertainty and encouraged institutional adoption.
