Armstrong: Crypto Unlocks Global Financial Access Beyond Bitcoin

Coinbase CEO Brian Armstrong believes that cryptocurrency has made significant progress in unlocking global financial access.

In a recent post on X, Armstrong highlighted several key areas where crypto has had a positive impact: stablecoins, decentralized finance (DeFi), tokenized stocks, and Bitcoin.

'Crypto doesn't get enough credit for the financial access it's already unlocked for the world,' he said. 'Stablecoins brought the dollar onchain.'

This means that anyone can own a low-inflation currency and send it 24/7 for a fraction of a cent, Armstrong explained.

He also pointed out that DeFi gives anyone access to credit, potentially allowing people without traditional banking relationships to participate in financial services.