Coinbase CEO announces plan to reform the global financial system

Coinbase CEO announces plan to reform the global financial system

Coinbase CEO Brian Armstrong has presented an eight-point strategic plan to modernize the global financial system. This roadmap reflects the company's goal of evolving from a simple crypto exchange into a universal platform for trading all types of assets. Armstrong's priorities include real-world asset tokenization, 24/7 trading, stablecoin payments, and AI-based oversight systems. This was reported by Cointelegraph.com reports .

The company is already taking practical steps in most of these areas. Specifically, through the Coinbase International Exchange, perpetual futures contracts for Apple, NVIDIA, and major indices have been launched for traders outside the U.S. Unlike the traditional stock market, this allows for 24/7 trading of Apple and other stocks.

In the payments sector, Coinbase is expanding the use of the USDC stablecoin. In partnership with Shopify and Stripe, the company has introduced stablecoin payments for millions of merchants across 34 countries. Additionally, in collaboration with Citigroup, work is underway to facilitate the conversion of fiat currencies to stablecoins for institutional clients and to accelerate cross-border settlements.

Armstrong also aims to expand financial opportunities through capital formation and open protocols. In January, the company launched a prediction market supported by Kalshi in all U.S. states. This platform allows users to enter into contracts based on events in sports, politics, and culture.

With this strategy, Coinbase is strengthening its position against competitors like Binance and Kraken. The company aims to lead the global capital market not only by integrating crypto assets but also by merging traditional financial infrastructure with blockchain technologies.

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Laylo
«ZAMIN.UZ» editor

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