Coinbase Partners with Major US Banks to Conduct Stablecoin and Cryptocurrency Pilot Project

BlockBeats News, December 4th, according to Bloomberg, Coinbase Global Inc. CEO Brian Armstrong said on Wednesday that some of the largest banks in the United States are partnering with the cryptocurrency exchange to conduct pilot projects around stablecoins, custody, and trading.

Armstrong said: "The best banks are seeing this as an opportunity." He did not specify which banks are involved. "Banks that resist this trend will be left behind by the times."