Coinbase CEO: By 2030, approximately 10% of the global GDP will be operating on crypto rails
ChainCatcher news, according to Cointelegraph, Coinbase CEO Brian Armstrong stated during the Q4 2024 earnings call that the U.S. is entering a "new era of cryptocurrency."Armstrong predicts that by 2030, approximately 10% of the global GDP (over $10 trillion) will be operating on crypto rails. He compared the current wave of corporate cryptocurrency integration to the process of companies adapting to the internet in the early 2000s, emphasizing that "onchain is the new online."Regarding regulation, Armstrong mentioned that the U.S. currently has "the most crypto-friendly Congress in history," which is advancing legislation on stablecoins and market structure. Federal Reserve Governor Christopher Waller also called for stablecoin regulation this week, allowing banks to issue digital assets pegged to the dollar. Given that the U.S. accounts for about 30% of the global GDP, its regulatory stance will have a significant impact on global cryptocurrency policy.
