Coinbase CEO Brian Armstrong has projected that up to $100 trillion in global capital and credit markets could transition to Bitcoin and other cryptocurrencies. Armstrong emphasized the transformative potential of digital assets to modernize financial systems, citing benefits such as faster settlement times and 24/7 availability.
In addition, Armstrong highlighted Coinbase's strategic acquisitions of Deribit and Echo to bolster its global derivatives and investment services. Despite these advancements, the company faces increasing competition as regulatory clarity continues to draw new participants into the crypto market.
Coinbase CEO Foresees $100 Trillion Credit Market Shift to Bitcoin
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