Coinbase CEO Starts Fiat-Backed Stablecoin Inflation Discussion
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Coinbase CEO Starts Fiat-Backed Stablecoin Inflation Discussion

  • Coinbase CEO, Brian Armstrong, starts a conversation about fiat-backed stablecoins.
  • Armstrong’s tweet got almost a thousand replies within four hours.
  • Various Twitter users replied from trolls, promoters, and serious answers.

Fiat-backed stablecoins have been successfully splitting the room in various discussions. With Bitcoin, along with other cryptos being argued to be a hedge against fiat inflation, how does fiat-backed stablecoins fare? This is the topic that Coinbase CEO Brian Armstrong brought to his followers.