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People may accept stablecoins and bypass FX, Brian Armstrong notes

People may accept stablecoins and bypass FX, Brian Armstrong notes
Stablecoins may bypass FX exchanges

Brian Armstrong, co-founder and CEO at Coinbase, discusses a potential evolution in currency exchange.

He suggests that while local exchanges might become more affordable over time, the eventual trend could see people directly accepting stablecoins and avoiding foreign exchange altogether.

Armstrong has previously pointed to research efforts on quantum preparedness for blockchains and encouraged community involvement in the process. He has also highlighted the potential for AI and crypto technologies to drive new digital commerce use cases. The comments add context to his ongoing focus on the intersection of technology and financial infrastructure.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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