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Coinbase CEO: Plans to become the leading financial services app in the next decade

According to online reports, Coinbase CEO Brian Armstrong said that the company plans to transform into a financial services application in the next decade. He predicts that by 2030, crypto assets may account for 10% of global GDP, or more than US$10 trillion in chain value. Brian Armstrong emphasized that Coinbase will be committed to achieving this goal by expanding its product line, promoting globalization and strengthening compliance. It is currently expanding diversified services including stablecoin payments, crypto lending, custody services and derivative trading. stablecoin has become Coinbase's largest revenue driver in addition to transactions. Q1 revenue related to stablecoins surged 50% compared with the same period last year and 32% compared with the fourth quarter.

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