Bitcoin Price Low Already Seen, Stablecoin Payments on the Rise: Coinbase CEO
Coinbase CEO Brian Armstrong believes Bitcoin's price low for this cycle has already been reached. He referred to Bitcoin as 'digital gold' in an interview and emphasized that stablecoin payments are a major trend in the crypto space. Armstrong projects that stablecoin transactions will reach $3 trillion by 2030.
The Coinbase CEO pointed out that Base, the company's stablecoin, has seen a significant increase in transaction volume, with a 7x year-over-year growth rate reported in Q2 2026. This growth is a testament to the rising adoption of stablecoins as a payment method.