TechFlow news, May 11 — According to CNBC, Coinbase CEO Brian Armstrong said the company plans to transform into a leading financial services app over the next decade, as cryptocurrencies gradually penetrate financial services and money market funds, real estate, securities, and debt will all move onto the blockchain.
Brian Armstrong emphasized that Coinbase is committed to achieving this goal by expanding its product offerings, advancing global expansion, and strengthening compliance. The company is currently broadening its range of diversified services, including stablecoin payments, crypto lending, custody solutions, and derivatives trading. Stablecoins have become Coinbase's largest revenue driver after trading, with stablecoin-related revenue in Q1 surging 50% year-over-year and 32% quarter-over-quarter.
