Coinbase CEO: Stablecoins can provide low-cost dollar access for global users

Coinbase CEO Brian Armstrong posted on the X platform, stating that the importance of financial access far exceeds the understanding of cryptocurrency skeptics who have only lived in the United States.

96% of the global population lives outside the United States, and many have a significant demand for dollars but cannot open dollar accounts. Through stablecoins, any user with a smartphone can gain access to dollars and can send funds anywhere instantly at a cost of less than 1 cent.