Canton CEO Yuval Rooz says smart contract blockchain valuation faces challenges

AIcoin2026/03/08 11:04

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Canton blockchain co-founder and Digital Asset CEO Yuval Rooz stated that most smart contract networks lack sufficient activity and revenue to support valuations in the billions of dollars. He pointed out that Canton links value to usage by burning tokens with each transaction and allocating issuance to applications that generate fees. In addition, Rooz believes that stablecoins need to have more than half of their use cases unrelated to crypto trading in order to truly achieve product-market fit.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Kevin Hassett, Director of the White House National Economic Council, stated that the recent substantial decline in technology stocks does not indicate a comprehensive sell-off risk for the AI industry. He acknowledged that some enterprises are indeed burdened with significant debt, which warrants attention. However, he also pointed out that there are many financially strong companies within the industry that hold both equity and debt in related firms; these companies may be poised to acquire or provide funding support when opportunities arise.

华尔街见闻•2026/11/02 20:01