Coinbase CEO Brian Armstrong Calls Payments The ‘Next Big Use Case’ For Crypto — Sees Potential For Stablecoins In This Space

Brian Armstrong, CEO of Coinbase Global Inc. (NASDAQ:COIN), expects payments to become the next significant use case for the cryptocurrency industry

Coinbase A Key Player In Payments Market, Says Armstrong

During Coinbase’s third-quarter earnings call, Armstrong was asked about the future of stablecoins and Coinbase’s role in the cross-border payments landscape.

“I mean, payments are just very clearly the next big use case for crypto,” the CEO responded. He emphasized the high growth potential, citing the $40 trillion annual volume of cross-border payments, of which 75% is business-to-business, something he sees as an “early use case” for stablecoins.

Armstrong also mentioned the integration of payment features into the Coinbase retail app and the new …

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