Crypto Stablecoins Shatter $30,000,000,000,000 in Volume During 2024, Says Coinbase CEO Brian Armstrong

Coinbase CEO Brian Armstrong says the digital asset exchange is moving as fast as possible to support one crypto use case often overshadowed by trading.

In an earnings call, Armstrong says the payments category is one of the biggest sectors driving mass adoption in crypto.

Specifically, the Coinbase CEO is looking at stablecoin payments, a crypto sector that he notes has grown by 200% in terms of volume in just one year.

“We think crypto is much, much more than just an asset class that people want to trade. There’s going to be daily use cases for everybody in the world as crypto updates the global financial system. And one of those big categories is payments. We’re already at scale, I’d say, on stablecoin payments….

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