Coinbase CEO: is currently helping over 1,000 community banks in the United States integrate stablecoin functionality into their existing systems

Coinbase CEO Brian Armstrong stated, "Community banks will have stronger competitiveness and opportunities to win the market if they adopt stablecoins. Coinbase is collaborating 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 discussions in Washington regarding stablecoins and community banks overlook the most important point: stablecoins are an opportunity."