Coinbase CEO: 'Druck is right' on stablecoins as future global payment standard

Coinbase CEO Brian Armstrong has endorsed billionaire investor Stanley Druckenmiller's optimistic outlook on stablecoins, U.Today reported. Armstrong shared an interview with Druckenmiller, stating, "Druck is right." Previously, in an interview with Morgan Stanley, Druckenmiller predicted that the global payment system would become heavily reliant on stablecoins within the next 10 to 15 years. He emphasized that blockchain-based assets could solve the speed and cost issues inherent in traditional payment systems. Market analysts note that stablecoins are increasingly viewed as a potential cornerstone of international remittance and payment infrastructure, owing to their fast settlement times, low transaction fees, and price stability.