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Coinbase CEO: Stablecoins can provide global users with low-cost access to US dollars

Summary: In a recent post on X platform, Coinbase CEO Brian Armstrong stated that the importance of financial access goes far beyond the understanding of cryptocurrency skeptics who have only lived in the United States. With 96% of the global population residing outside the US, many have a high demand for US dollars but are unable ...

In a recent post on X platform, Coinbase CEO Brian Armstrong stated that the importance of financial access goes far beyond the understanding of cryptocurrency skeptics who have only lived in the United States. With 96% of the global population residing outside the US, many have a high demand for US dollars but are unable to open a US dollar account. Through stablecoins, any user with a smartphone can access US dollars and instantly send funds worldwide at a cost of less than 1 cent.

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Link: Coinbase CEO: Stablecoins can provide global users with low-cost access to US dollars   [Copy]
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