At the Ethereum Community Conference (EthCC) in Cannes, Ethereum co-founder Vitalik Buterin emphasized that institutions favor Ethereum for its stability and reliability rather than speed. Buterin noted that many institutions have chosen Ethereum because it is stable, reliable, and experiences no downtime. He also highlighted the importance of long-term features like privacy, which institutions value highly. On the main stage, Buterin expressed his vision for Ethereum to be seen as a model network that embodies open, free, and permissionless access.