"100 million plus people just want to hold the dollar. It looks like this thing called stablecoins can help me do that."
@GainsleyJustin, Payments Product Lead at
@coinbase, on the flywheel that kicks in once businesses start accepting stablecoin deposits.
"There's this whole flywheel that happens when you service this latent demand of dollar access via stablecoins."
"Accepting those funds from customers is 100% one of the first zero to one pieces that needs to get off the ground. But then there's also payouts. These people want to get paid in dollars. There's also treasury management. What happens once we have these stablecoins? Can we use them to our advantage?"
"We give a Lego box analogy here at Coinbase to these businesses saying, you can start with one piece, but you'll notice that the more you can build, the more incredible things you can create."