00:00It's Benzinga bringing Wall Street to Main Street.
00:02Coinbase CEO Brian Armstrong said crypto has expanded global financial access through stable
00:08coins, decentralized credit, stock exposure and Bitcoin as a store of wealth. In a post on X on
00:15Sunday, Armstrong said stable coins allow people to hold dollars and send payments around the clock
00:20at low cost, while DeFi can provide access to credit outside traditional banking. He said
00:26tokenized stocks could give billions of people without brokerage accounts exposure to the US
00:31stock market. Armstrong also pointed to Bitcoin as a store of wealth with a fixed supply. The
00:37crypto industry has increasingly focused on stable coins, payments and institutional adoption.
00:43Crypto executives have also highlighted stable coins, tokenized equities and other products as
00:49ways to expand access to traditional financial markets. For all things money, visit Benzinga.com.
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