TechFlow news, on February 14, 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 predicted that by 2030, approximately 10% of global GDP—over $10 trillion—will operate on crypto rails. He compared the current wave of corporate cryptocurrency adoption to businesses adapting to the internet in the early 2000s, emphasizing that "onchain is the new online."
On regulation, Armstrong said the U.S. currently has the "most pro-crypto Congress in history," advancing legislation on stablecoins and market structure. Federal Reserve Governor Christopher Waller also called this week for stablecoin regulation, allowing banks to issue dollar-pegged digital assets. As the U.S. accounts for about 30% of global GDP, its regulatory stance will significantly influence global crypto policy.
