Coinbase CEO Predicts 10% of Global GDP Will Run on Crypto Rails by 2030

Coinbase CEO Brian Armstrong predicts that by 2030, up to 10% of global GDP will operate on cryptocurrency infrastructure, signaling a transformative shift in the global economy.

Azcnews Breaking Coinbase Ceo Predicts 10% Of Global Gdp Will Run On Crypto Rails By 2030

Brian Armstrong believes the United States now has “the most crypto-friendly Congress we’ve ever seen,” a shift that could trigger a global transformation in cryptocurrency regulations.

Coinbase CEO Brian Armstrong has declared that the U.S. is witnessing “the dawn of a new era for crypto” and predicts that by 2030, as much as 10% of the world’s GDP will be built on cryptocurrency infrastructure.

Speaking during Coinbase’s Q4 2024 earnings call on February 13, Armstrong stated, “Up to 10% of global GDP could be running on the crypto economy by the end of this decade.”

Key Results For Coinbase’s Fourth Quarter 2024
Key Results For Coinbase’s Fourth Quarter 2024

He compared the current wave of companies integrating crypto to the early 2000s when businesses had to rapidly adapt to the internet.

“On-chain is the new online,” he remarked.

If Armstrong’s prediction holds true, it would mean over $10 trillion in value being tokenized or operating on blockchain networks, based on the World Bank’s estimate of the current global GDP surpassing $100 trillion.

He assured investors that “Coinbase will be the go-to partner for companies looking to enter and build in this space,” as the company reported $2.3 billion in Q4 revenue—an 88% increase from the previous quarter.

Armstrong also emphasized that the U.S., which accounts for approximately 30% of global GDP, is poised to take the lead, citing former President Donald Trump’s swift actions to fulfill his promise of making America the world’s crypto capital.

0.0/5

Love

Latest

Azcnews Breaking Blockchain Games Triple Activity In January Dapprad

News | Editor Choice | GameFi

Blockchain Games Triple Activity in January: DappRadar

According to a recent report from blockchain analytics platform DappRadar, blockchain gaming activity in January surged three times higher than the same month in the previous year.

How To Participate In The Newton Airdrop

Editor Choice | Airdrops | News

How to Participate in the Newton Airdrop

Join the Newton airdrop hunt! The project has successfully raised $83 million from top investment funds and is allowing users to earn credits for a chance to receive future airdrops.

Cz Sparks A Memecoin Explosion In The Bnb Ecosystem

News | Editor Choice

CZ Sparks a Memecoin Explosion in the BNB Ecosystem

Recently, CZ has been consistently mentioning memecoins, which has caused the community to experience extreme FOMO. This has led BNB to return to its golden days.

Azcnews Breaking Bitcoin Sees Minor Decline Amid Market Volatility

News | Bitcoin | Editor Choice

Bitcoin Sees Minor Decline Amid Market Volatility

Bitcoin experiences slight declines amid market volatility, but historical patterns suggest a potential rally toward $125,000 despite macroeconomic concerns.

Trade To Earn 300,000 Usd On Bingx

Airdrops | Editor Choice

Trade to Earn 300,000 USD on BingX

Join Trade to Earn on BingX to share in rewards of up to 300,000 USD!