Coinbase CEO: Cryptocurrency will become the next version of the stock market and the Internet

Odaily Planet Daily News: Coinbase CEO Brian Armstrong stated in an article on the X platform that despite most investors having heard of Bitcoin, it will still be the most important cryptocurrency asset, with not many practical features (such as stablecoin payments) happening on Ethereum and Solana (expected to exceed $20 trillion in payments this year). With World and TON (integrated into Telegram applications outside the United States), there is a lot of activity happening in emerging markets, as well as Defi tokens like Uniswap and layer 2 scaling tokens like Optimism. Ultimately, every project, community, meme, and even individual/artificial intelligence will have a token. Of course, once some regulatory clarity is obtained, there should be a compliant way to register encrypted securities for those who want to raise funds for their business, thereby making capital formation more efficient. Therefore, cryptocurrency will become the next version of the stock market and the Internet, with millions of tokens. As cryptocurrencies continue to update the financial system, having a wide range of market indices is an important component of financial infrastructure.