{"id":25930,"date":"2025-05-09T05:31:41","date_gmt":"2025-05-09T05:31:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25930"},"modified":"2025-05-09T05:31:41","modified_gmt":"2025-05-09T05:31:41","slug":"coinbase-ceo-brian-armstrong-believes-traditional-banks-launching-own-stablecoins-not-necessarily-the-best-path-pitches-usdc-as-option","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25930","title":{"rendered":"Coinbase CEO Brian Armstrong Believes Traditional Banks Launching Own Stablecoins &#8216;Not Necessarily The Best&#8217; Path\u2014 Pitches USDC As Option"},"content":{"rendered":"<div>\n<p><strong><strong>Coinbase Global Inc<\/strong><\/strong>. (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>)\u00a0CEO <strong>Brian Armstrong<\/strong>, on Thursday, touched on the wisdom of traditional banks launching their own stablecoins in light of their foray into the cryptocurrency industry.<\/p>\n<p><strong>What Happened<\/strong>: During the first quarter earnings call, Armstrong was asked about the growing interest of traditional banks in the cryptocurrency industry after regulatory relaxations. <\/p>\n<p>The top executive acknowledged the increased momentum, stating that Coinbase has held talks and forged partnerships with some players.<\/p>\n<p>Armstrong specifically mentioned some institutions wanting to develop their own dollar-pegged stablecoins, an idea with which he differed.<\/p>\n<p>\u201cOur view is that that&#8217;s not necessarily the best path because we think stablecoins have network effects. You want interoperability with other financial institutions to be able to settle payments and do all &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/05\/45309227\/coinbase-ceo-brian-armstrong-believes-traditional-banks-launching-own-stablecoins-not-necess\" alt=\"Coinbase\" ceo brian armstrong believes traditional banks launching own stablecoins necessarily the best path pitches usdc as option>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase Global Inc. (NASDAQ:COIN)\u00a0CEO Brian Armstrong, on Thursday, touched on the wisdom of traditional banks launching their own stablecoins in light of their foray into the cryptocurrency industry. What Happened: During the first quarter earnings call, Armstrong was asked about the growing interest of traditional banks in the cryptocurrency industry after regulatory relaxations. The top [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25930","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25930"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25930\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}