Back to Guavy Wire

Crypto

Ethereum Foundation Ditches $11M in ETH for Stablecoins

Guavy AI Editorial Team Published August 28, 2026

Instruments

ETH

The Ethereum Foundation is swapping $11 million worth of ETH for stablecoins to cover operational costs.

The foundation will exchange 5,000 Ethereum into stablecoins using CoWSwap's Time-Weighted Average Price (TWAP) feature.

This is the foundation's first TWAP sale since October 2025 and is five times larger by volume than a previous transaction in October.

The stablecoin proceeds will fund research, development, grant programs, and broader ecosystem support.

The Wire

Keep reading for free.

You've read 3 free articles in the last 24 hours. Create a free account for unlimited access, no card required.

Create free account Already have an account? Sign in

No spam. Unsubscribe anytime.

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy