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Coinbase CEO Brian Amstrong is afraid of a Stablecoin Crisis (Crypto Contagion!)
In his latest media appeareance, Brian Amstrong says he's scared about the possibility of a stablecoin crisis. The Coinbase CEO says this scenario could spread out massive contagion risk across the crypto space. Because of the contagion risk, stablecoins could create a crypto crisis.
Coinbase CEO Brian Amstrong also talks about a new product they've been working on called Basis.
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Timestamps:
00:00 - Intro
00:35 - Brian Amstrong is Building a new Payments System
01:50 - USDC is the global reserve currency of crypto
03:35 - Coinbase CEO on cryptocoins (ERC20)
04:45 - Brian Amstrong is putting out pretty cool stuff
06:34 - ChatGPT and Other Open Source Apps
07:26 - DeFi Gaming and Dapps
09:10 - Visa and Mastercard will accept crypto
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Credits: @Bankless (Bankless Shows)
https://youtu.be/vv82NUgg4Qs
162 - The Coinbase Long Game with Brian Armstrong
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This is NOT an offer to buy or sell securities, crypto or any financial asset.
Investing and trading in cryptocurrencies is very risky, as anything can happen at any time. This video is made for informational purposes only and the main objective is to spread the word in the cryptocurrency space.
This information is publicly available through the internet and main social media platforms. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the people involved but to show what was said through their social media accounts. Please take this information and do your own research.
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