Armstrong: Crypto Unlocks Global Financial Access with Stablecoins, DeFi

Brian Armstrong, co-founder and CEO of Coinbase, believes that cryptocurrencies can unlock global financial access through stablecoins and decentralized finance (DeFi). According to him, stablecoins enable anyone worldwide to own a low-inflation currency and transfer it at any time with minimal cost. This is achieved by bringing the dollar onchain, making it easily accessible.

Armstrong also highlighted the potential of DeFi in providing greater access to credit for users around the globe. He has previously emphasized Coinbase's strategy to update financial services using crypto technology, focusing on improvements across trading and payments.