Coinbase Policy Chief Calls Stablecoin Fears a Banking Myth

2025-09-16 11:37:13

Story Highlights* Coinbase’s Faryar Shirzad says banks exaggerate stablecoin risks to protect outdated profit systems.

Banks fear losing $187 billion swipe-fee revenue as stablecoins enable faster, cheaper payments.
Coinbase analysis shows no real link between stablecoin adoption and U.S. bank deposit flight.

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