Author: Blue Fox Notes
Editor’s Note: On July 2, the Ethereum Foundation’s Global Policy Strategy team released a report discussing how governments and institutions should think about Ethereum and why it is their optimal platform for deployment. The report notes that since its launch in 2015, Ethereum has maintained a zero-downtime record, and as of March 2026, its network is secured by approximately $76 billion in staked ETH.
This report is worth reading:
Ethereum is not just an ordinary blockchain; it is the platform closest to being a "digital public infrastructure" today.
Like the TCP/IP protocol of the internet, it is neutral, open, and uncontrollable by any single entity, but it is designed to handle "value, contracts, and coordination."
Several aspects:
No one can control it (most neutral)
Ethereum has no boss, no backdoors, and no kill switch.
Maintained by thousands of independent nodes and hundreds of thousands of validators worldwide, no single country, company, or individual can unilaterally change the rules or shut it down.
This is very important for governments and institutions, as they fear entrusting critical infrastructure to someone who could be “controlled by a third party.”
2. Operated securely for over 10 years with zero failures
Currently, approximately $76 billion in ETH is staked (as security collateral). To attack it would require spending over $50 billion, resulting in total losses.
Since its launch in 2015, it has experienced zero downtime (unlike all other L1s, which have encountered issues).
3. Already being used with real money by major institutions and governments
• Stablecoins: $159 billion is locked here (far more than on any other chain).
• Real-world asset tokenization (RWA): Products have already been launched by BlackRock, JPMorgan, and others.
• Government applications: Bhutan uses it for national digital identity, India uses it for land registration to prevent corruption, etc.
4. Clearly superior to other options
• Compared to traditional banks/intermediaries:
No need to trust intermediaries—guaranteed by mathematics and cryptography, offering greater transparency and lower costs.
• Compared to "consortium chains/private chains":
More open and neutral, with no one in control.
• Compared to other blockchains:
More mature, with the most developers, the largest economy, and the highest security.
In summary,
See with data + real cases + comparison:
Ethereum is the neutral public layer for global value settlement and coordination in the future.