Coinbase Chief Executive Officer Brian Armstrong said stablecoins will account for a growing share of global GDP, arguing that payments are moving toward the fastest, cheapest and most global rails available. He said stablecoins can move funds to any country in less than a second at a cost of under one cent. Armstrong’s remarks align with a broader industry view that stablecoins are increasingly positioned to replace parts of traditional cross-border payment infrastructure. The comments were cited by Ark Invest Tracker and carried by Techub News as a brief market update focused on the long-term role of stablecoins in global payments.
Coinbase CEO Brian Armstrong said stablecoins will make up an increasing share of global GDP, adding that payments are shifting toward the fastest, cheapest and most global rails.
Armstrong said stablecoins can transfer funds to any country in less than a second, at a cost of under one cent.
The view echoes an industry trend in which stablecoins are seen as an alternative to traditional systems in cross-border payments.
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