Armstrong Sees Crypto as 10% of Global GDP by 2030

Coinbase CEO Brian Armstrong has made a bold prediction about the future of cryptocurrency. He believes that by 2030, crypto could underpin as much as 10% of global GDP. This would equate to over $10 trillion in economic activity.

In a quarterly earnings call on February 13, Armstrong compared the current phase of crypto adoption to the early 2000s internet expansion. He sees a future where 'on-chain' activities become as ubiquitous as online interactions were two decades ago.

Armstrong attributes this shift to crypto's growing utility in everyday monetary exchanges. He forecasts extensive use for payments and remittances, with stablecoins at the forefront.