Coinbase CEO Starts Fiat-Backed Stablecoin Inflation Discussion By CoinQuora

Coinbase CEO Starts Fiat-Backed Stablecoin Inflation Discussion
  • Coinbase (NASDAQ:) CEO, Brian Armstrong, starts a conversation about fiat-backed stablecoins.
  • Armstrong’s tweet got almost a thousand replies within four hours.
  • Various Twitter (NYSE:) users replied from trolls, promoters, and serious answers.

Fiat-backed stablecoins have been successfully splitting the room in various discussions. With , 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.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.