Coinbase Inc. (NASDAQ: COIN) CEO Brian Armstrong projected the rise of "flatcoins" as the next evolution in the world of stablecoins.
With the crypto industry constantly evolving, Armstrong believes flatcoins, tied to purchasing power or the Consumer Price Index (CPI), could be an innovative step forward.
This revelation comes just ahead of the much-anticipated Benzinga's Future of Digital Assets conference on Nov. 14, which aims to shed light on the most recent trends and innovations in the digital assets space. Armstrong's comments are expected to resonate with many thought leaders at the conference, emphasizing the importance of innovation in the crypto sphere.
"I think stablecoins are a really important stepping stone," Armstrong told Yahoo Finance. "We have now US dollars running on crypto rails that are more efficient, more global."
He ...