Coinbase CEO confirms plans to build Coinbase into a super app to replace traditional banks
According to online reports, Coinbase CEO Brian Armstrong confirmed in an interview with Fox Business that the company's vision is to turn Coinbase into a full-service encryption "super application" that replaces traditional banks. The successor plan offers a full range of financial services, from payments to credit cards and rewards, all backed by the crypto track, he said: "Yes, we do want to be a super app that provides a variety of financial services, and I think cryptocurrencies have the right to do that."
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