Why would a user hold stablecoins rather than purchasing short-term treasuries directly?

Brian Armstrong
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

Stablecoins merge yield generation with transaction utility. In traditional finance, money market funds pay yield but cannot be spent directly, while checking accounts allow spending but yield nothing. Stablecoins combine these functions into a single pool.

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