Coinbase CEO Brian Armstrong Pitches for On-Chain Interest to Stablecoin Issuers

[ad_1] Key Notes Armstrong argued that permitting on-chain interest for stablecoins could provide US consumers with an estimated 4% yield. This could enhance spending, saving, and investment, strengthening local economies. Armstrong believes that enabling stablecoin interest could accelerate the use of USD-backed digital assets globally. Brian Armstrong, the CEO of crypto exchange Coinbase stated that…

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