According to industry leaders, the ecosystem for encryption is about to submit a major change. During the latest profit call, the CEO of Brian Armstrong made a bold proposal that could transform the global banking system.
What is its prediction? By 2030, he said, Coded The infrastructure can operate 10 % of Global GDP (GDP), which is equivalent to more than 10 trillion dollars In symbolic value.
Q4 performance performance exceeds expectations
Iman Armstrong comes partially from the exceptional coinbase Fourth quarter 2024 performance. With income of $ 2.3 billion – a significant increase of 88 % over the previous quarter – the encryption exchange noted that these numbers not only exceeded analysts’ expectations, but also represented the largest quarterly results of the company in more than a year.
The income rise refers to institutional investors and retail investors who show a curiosity that has been renewed in digital assets.
Coinbase Q4 results. Source: Coinbase
The beginning of a new financial era
Armstrong says the changes we see in financial technology are similar to the transformations that occurred with the Internet in the early first decade of the twentieth century. His famous writing, “Onchain is the new on the Internet”, summarizes this idea.
It compares the rush of companies that add cryptocurrency solutions to the Dot -com boom days, when companies rushed to connect to the Internet. He says this change is not only related to the circulation of digital assets; It comes to changing the way in which the value moves around the global economy in a basic way.
The organizational scene takes shapes
With the comments of the Federal Reserve Governor Christopher Waller, which indicates that institutional attitudes may change, the organization of the cryptocurrency may change.
Waller’s suggestion of Stablecoin legislation that would allow banks to produce dollar diplomas, change discussions on traditional financing and cryptocurrencies. This legislative clarification may encourage traditional financial institutions to adopt.
Building for the future
Looking at the future, Coinbase’s strategy focuses on three main areas: expanding revenues from current products, driving interest in emerging encryption categories, and creating long -term growth infrastructure.
This strategy involves a maturity action that moves from guess to practice and institutional adoption. with Global GDP is approaching $ 100 trillionAccording to the World Bank, Crypto’s capabilities to capture even a small part of this market are huge.
However, reach this Noble ambitions It would require mobility in complex legal frameworks, overcoming expansion issues, and enhancing confidence between existing institutions.
Road Forward, but combining good financial performance, developing legal frameworks, and increasing institutional interests indicate that the encryption industry enters a new stage of development.
Whether or not the ARMSTRONG drop to adopt the GDP by 10 % by 2030, the path of industry shows that digital assets have become an increasingly vital in the global financial ecosystem.
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