Is Ethereum still a thing?
What’s is it useful these days?
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With the fiat ramps being choked out, it’s once again profitable to arbitrage trade.
But as for utility, I just don’t see the value.
The utility in this case is being able to quickly transfer WBTC and USDT to an exchange in order to take advantage of the arb opportunity. Basically just using ETH as a layer 2.