Ethereum's Aspirations and Challenges: Capturing Global WealthIntroductionEthereum, currently valued at approximately $200 billion, exhibits a remarkable alignment between its network capitalization and the value of real-world assets and stablecoins hosted on its blockchain. This near 1:1 ratio underscores Ethereum's capital efficiency in the digital asset landscape (Ferreira, 2020). While the ambition to capture the entirety of global wealth, estimated at $2 quadrillion encompassin...