Coinbase CEO’s Vision: Bitcoin’s Path to Global Reserve Status

January 22, 2025 - 2 min. read

By Karim Noun

Coinbase Exchange

Armstrong identifies key factors for Bitcoin’s potential surge: institutional buyers can invest in Bitcoin ETFs thanks to US rules supporting Bitcoin while several governments could maintain Bitcoin holdings for strategic purposes. He believes other G20 nations will create Bitcoin reserves after the United States does.

Stablecoins help people maintain financial freedom

Stablecoins help crypto adoption grow because they let people store their wealth in US dollars when their country experiences high inflation. Armstrong points out stablecoins depend on dollar risks but recommends Bitcoin as a better choice for long-term stability.

Coinbase CEO

Future of Crypto Payments

According to Armstrong stablecoins will drive global economy payments first before crypto spreads wider into overall GDP. He explains that decentralized finance platforms can bring credit to markets that standard financial institutions ignore.

Driving Forces for Growth

According to Armstrong Bitcoin will become the worldwide replacement for gold while stablecoins help people start using crypto. He forecasts this price increase because institutions and governments will embrace crypto more often.

Karim Noun

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