Coinbase CEO: Stablecoins allow anyone globally to hold US dollars and transfer instantly for less than 1 cent.

PANews November 6 news: Coinbase CEO Brian Armstrong posted on X platform that stablecoins enable everyone in the world to hold US dollars (as well as many other major fiat currencies) and send them instantly to anywhere in the world at a cost of less than 1 cent.

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BlackRock deposited 1,883 BTC to Coinbase, valued at over $140 million.

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