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Blockchain Technology to Unlock New Finance Industries, Says Coinbase CEO

Guavy AI Editorial Team
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USDC
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Brian Armstrong, CEO of Coinbase, believes that tokenized assets on blockchains will bring about new finance industries. He draws a parallel between the launch of the iPhone and the evolution of blockchain technology.

Armstrong notes that tokenized assets will not only provide immediate benefits such as global access, increased utility, and 24/7 trading but also enable the emergence of entirely new finance companies.

The CEO recently announced that Coinbase customers can now access higher USDC rewards, expanding digital currency earning opportunities. He also named Abu Dhabi as Coinbase's international tokenization hub to further global financial accessibility.

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