Coinbase CEO: Cryptocurrency has significantly expanded global access to financial services
- Coinbase CEO Brian Armstrong stated that the progress of cryptocurrency in expanding global financial services accessibility is underestimated.
- He highlighted that stablecoins enable users to hold a low-inflation currency and conduct low-cost transfers 24/7.
- Armstrong mentioned that DeFi provides more people access to credit services.
- Tokenized stocks allow around 4 billion individuals without brokerage accounts to access the U.S. stock market.
- Bitcoin serves as a means of wealth storage that is less susceptible to inflation devaluation.
PANews August 9 news, Coinbase CEO Brian Armstrong posted on X platform that the progress cryptocurrency has made in expanding global financial services accessibility is still underestimated.
He said stablecoins have brought the dollar onto the chain, enabling global users to hold a low-inflation currency and conduct 24/7 transfers at extremely low cost.
DeFi allows more people to access credit services.
Tokenized stocks give about 4 billion people without securities brokerage accounts exposure to the U.S. stock market.
Bitcoin provides a means of wealth storage that is not easily devalued by inflation.
Coinbase首席执行官：加密货币显著扩大了全球金融服务的可及性
PANews 8月9日报道，Coinbase首席执行官Brian Armstrong在X平台上表示，加密货币在扩大全球金融服务可及性方面的进展仍被低估。
他说，稳定币将美元引入区块链，使全球用户能够持有低通胀货币，并以极低的成本进行24/7转账。
去中心化金融（DeFi）使更多人能够获得信贷服务。
代币化股票使大约40亿没有证券经纪账户的人能够接触到美国股市。
比特币提供了一种财富储存手段，不易受到通胀贬值的影响。