Coinbase CEO Brian Amstrong is afraid of a Stablecoin Crisis (Crypto Contagion!)

In his latest media appeareance, Brian Amstrong says he's scared about the possibility of a stablecoin crisis. The Coinbase CEO says this scenario could spread out massive contagion risk across the crypto space. Because of the contagion risk, stablecoins could create a crypto crisis.

Coinbase CEO Brian Amstrong also talks about a new product they've been working on called Basis.

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Timestamps:
00:00 - Intro
00:35 - Brian Amstrong is Building a new Payments System
01:50 - USDC is the global reserve currency of crypto
03:35 - Coinbase CEO on cryptocoins (ERC20)
04:45 - Brian Amstrong is putting out pretty cool stuff
06:34 - ChatGPT and Other Open Source Apps
07:26 - DeFi Gaming and Dapps
09:10 - Visa and Mastercard will accept crypto
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Credits: @Bankless (Bankless Shows)
https://youtu.be/vv82NUgg4Qs
162 - The Coinbase Long Game with Brian Armstrong

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