Coinbase CEO Predicts Crypto’s Mainstream Rise, Calls for Regulatory Clarity
Coinbase CEO Brian Armstrong has made a bold prediction about the future of cryptocurrency, asserting that the U.S. is entering a new era for digital assets. He forecasts that by 2030, crypto could account for 10% of global GDP, marking a major shift in the financial landscape.
Armstrong’s Vision for Crypto’s Future
During Coinbase’s Q4 2024 earnings call on February 13, Armstrong shared his outlook on the cryptocurrency sector, stating that up to $10 trillion in capital could be on-chain if his projections prove accurate. He likened the current stage of crypto adoption to the early 2000s, when businesses were figuring out how to integrate the internet into their operations.
In the report, Armstrong emphasized Coinbase’s role in this transformation:
“Coinbase will be the platform powering many companies as they integrate crypto. We often say that ‘on-chain is the new online.’ Just as companies had to adapt to the internet in the early 2000s, up to 10% of global GDP could be running on crypto rails by the end of this decade.”
The Need for Regulatory Clarity
Beyond adoption, Armstrong also stressed the importance of clear crypto regulations, particularly in token classification and stablecoin oversight. He believes Congress must step in to remove uncertainties, allowing larger capital flows into the industry.
Additionally, he expressed support for the idea of a Bitcoin Strategic Reserve for the U.S., suggesting that government-backed crypto reserves could further solidify digital assets as a core component of the global economy.
