Coinbase CEO: Helping over 1,000 U.S. community banks integrate stablecoin functionality into their existing systems

BlockBeats news, September 14: Coinbase CEO Brian Armstrong posted, "Community banks that adopt stablecoins will have greater competitiveness and the opportunity to win in the market. Coinbase is partnering with Moov to help over 1,000 community banks integrate stablecoin-related capabilities into their existing systems. This will bring faster settlement speeds, lower costs, and real-time access to funds.

The discussion in Washington around stablecoins and community banks overlooks the most important point: stablecoins are an opportunity."