Ethereum Foundation Converts $4.5M in ETH to Stablecoins via CoWSwap

The Ethereum Foundation (EF) has disclosed plans to convert 1,000 ETH, valued at approximately $4.51 million, into stablecoins. The proceeds will be directed toward research funding, grants, and ecosystem donations. The conversion will be completed through the decentralized exchange CoWSwap, utilizing a Time-Weighted Average Price (TWAP) mechanism to prevent market disruption and support the foundation’s […] Read The Full Article Ethereum Foundation Converts $4.5M in ETH to Stablecoins via CoWSwap On Coin Edition.