Coinbases would be sustained by 21. The largest American banks

CEO Coinbase Brian Armstrong announced a growing financial trace of the company, comparing his farms to the main American banks and brokers.

In a mail In X, Armstrong stated that the waiter now has about $ 420 billion in the customer’s asset.

That would make it 21. The largest bank in the United States by the overall property. If it is categorized as brokering, Coin would rank as an eighth largest means under management.

Payments through coinbase

Armstrong also touched the role of Coinbase in payments, stating $ 30 trillion Stablecoin Transactions processed last year, although he admitted that not everyone was for goods and services. He emphasized that CRIPTO reshapes traditional finance by merging investment, payment and lending into one system.

“The point is, with the crypt, the line of these categories is fogging,” Armstrong wrote.

He claimed that the traditional separation of banking functions was outdated and that the modern financial system should offer seamless integration through consumption, investment and earnings.

Armstrong predicted that the global economy has switched to crypto infrastructure, financial systems will become more efficient, reducing transaction costs and increasing economic freedom.