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Stablecoins Linked to Consumer Price Index Might Be a Thing in the Future, Says Coinbase CEO – BeInCrypto

Stablecoins Linked to Consumer Price Index Might Be a Thing in the Future, Says Coinbase CEO - BeInCrypto thumbnail

Coinbase CEO Brian Armstrong and Australia Country Director at Coinbase John O’Loghlen hosted an AMA on Oct. 5, talking about stablecoins, token listings, and more. Armstrong shared his thoughts on stablecoins that are more like “flat coins” that might be linked to CPI or purchasing power of the consumer.

Coinbase CEO and co-founder Brian Armstrong live streamed an AMA on Oct. 5, answering a variety of questions and covering topics such as stablecoins. The AMA largely focused on Coinbase in Australia and also featured Australia Country Director at Coinbase, John O’Loghlen.

Armstrong opened the discussion by saying that Coinbase was focused on expanding internationally, something that has been proven by many past statements by the CEO. Shortly after, the two began taking questions from the audience, one of which related to stablecoins in Australia.

The CEO said that stablecoins were an important milestone and that they should be available in Australia. Of particula

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