Coinbase Policy Chief Calls Stablecoin Fears a Banking Myth

Story Highlights* Coinbase’s Faryar Shirzad says banks exaggerate stablecoin risks to protect outdated profit systems.

  • Banks fear losing $187 billion swipe-fee revenue as stablecoins enable faster, cheaper payments.
  • Coinbase analysis shows no real link between stablecoin adoption and U.S. bank deposit flight.
MYTH5.17%
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