Big Move: Ethereum Foundation Trades $4.5M ETH For Stable Assets

Ethereum’s steward moved part of its crypto coffers this week converting a chunk of ETH into stablecoins as it adjusts how it funds projects and ￰0￱ Moves To Stablecoin Holdings According to reports the Ethereum Foundation converted 1,000 ETH into stablecoins using the decentralized trading router CoW Swap a transaction worth about $4.5 million at the ￰1￱ move was executed as part of the foundation’s ongoing treasury actions and was presented as a step to secure more predictable funds for research

grants and ￰2￱ specific stablecoin or coins received in exchange were not publicly named in initial ￰3￱ Foundation’s treasurer has been managing a broader ￰4￱ have disclosed a previously stated intention to convert up to 10,000 Ether over a period of weeks and this latest trade appears to be an element of that phased approach rather than a one-off ￰5￱ stable assets gives the foundation a clearer view of its short-term spending power while it evaluates longer-term strategy. 1/ Today The Ethereum Foundation will convert 1000 ETH to stablecoins via @CoWSwap ‘s TWAP feature

as part of our ongoing work to fund R&D grants and donations and to highlight the power of DeFi. — Ethereum Foundation (@ethereumfndn) October 3 2025 Use Of Decentralized Trading Tools The choice to use CoW Swap — a decentralized aggregator that aims to reduce slippage and market impact — was highlighted in public ￰6￱ routing the trade through decentralized infrastructure instead of a single centralized exchange

the Foundation reduced some counterparty and custody ￰7￱ execution method was described as careful and aimed at protecting the value of the sale during the ￰8￱ the transaction internal operational decisions have also been ￰9￱ Foundation indicated it temporarily applied the breaks on open submissions of a grant for its Ecosystem Support Program in order to give attention to the large influx of proposals and prioritize urgent or high-impact ￰10￱ in leadership and institutional reorganization have also been discussed publicly as part of recent organizational action portrayed in a manner that suggests a transition is underway internally to accompany any change in the direction of treasury management as ￰11￱ Comes Next For The Treasury Market watchers noted that converting ETH to stablecoins is a common liquidity-management ￰12￱ in ETH’s price can make budgeting for multi-month support programs difficult; stable assets can smooth out ￰13￱ some community members saw the sale as a reduction of ETH holdings

others pointed out that the foundation’s core mission — to support Ethereum’s development — remains ￰14￱ image from Unsplash chart from TradingView