How are stablecoin transactions funded, and what is the underlying business model?
Replied byBrian Armstrong
Co-founder & CEO at Coinbase
Niche: Cryptocurrency
Revenue: Approx. $ 598.3 Million /month
Location: Remote-First (San Francisco, California, United States)
Started: 2012
Stablecoin issuers hold the underlying fiat reserves in government bonds, earning interest that funds their business. A tiny transaction fee is also paid to the blockchain network to cover the operational cost of sequencers and nodes.
0
From the Full Interview
This answer is part of a full interview with Brian Armstrong, Co-founder & CEO at Coinbase.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Brian Armstrong's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
What is the best way to address growing wealth and income inequality?
By Brian Armstrong
Cryptocurrency
Approx. $ 598.3 Million /mo
What is the relative change in wealth, and how does it impact human happiness?
By Brian Armstrong
Cryptocurrency
Approx. $ 598.3 Million /mo
What is agentic commerce, and how does it change the financial ecosystem?
By Brian Armstrong
Cryptocurrency
Approx. $ 598.3 Million /mo
How does the Clarity Act regulate pass-through treasury rewards for stablecoin holders?
By Brian Armstrong
Cryptocurrency
Approx. $ 598.3 Million /mo
How can stablecoin users earn yield on top of standard treasury returns?
By Brian Armstrong
Cryptocurrency
Approx. $ 598.3 Million /mo
What are the details of Coinbase's relaunch and regulatory compliance in India?
By Brian Armstrong
Cryptocurrency
Approx. $ 598.3 Million /mo
How do you define the role of philanthropy in a capitalist society?
By Brian Armstrong
Cryptocurrency
Approx. $ 598.3 Million /mo