Coinbase CEO Confident Stablecoin Payments Will Fuel Growth

Coinbase’s CEO is reportedly touting stablecoin payments as a key revenue driver for the cryptocurrency exchange. The company is working with banks, FinTechs and other businesses to move more payment activity into stablecoins, Brian Armstrong said in a Bloomberg Television interview in Singapore Thursday (Sept. 10), projecting that the $300 billion market for the coins will increase 10-fold by the end of the decade.