Coinbase CEO Argues U.S. Crypto Bills Will Boost On-chain Economy

Coinbase CEO Brian Armstrong advocates for new U.S. crypto bills, comparing them to ‘oil’ for the on-chain economy. He believes these bills will boost stablecoin usage in payments and decentralized finance (DeFi), potentially fueling institutional interest and wider adoption. The legislation’s potential impact is substantial, with increased regulatory clarity expected to accelerate market growth and facilitate secure on-chain transactions.