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By 2030, 10% of Global GDP Will Be On Crypto: Coinbase CEO

  • Coinbase CEO stated that the current U.S. Congress is the most pro-crypto ever.
  • Following the U.S., Brian stated that other countries are pressured to buy crypto.  
  • Coinbase aims to expand revenue and become the top preferred crypto partner.  

Coinbase CEO Brian Armstrong stated that by 2030 there will be a 10% global GDP growth rate backed by crypto assets. Speaking at Coinbase’s Q4 2024 Earnings meet, Brian stated that the US would lead the way as President Donald Trump is moving fast to fulfill his promise of transforming the US into the crypto economy of the world.  

Highlighting the global impact created by the digital assets following the U.S. policies, Brian stated that other countries would feel pressured to buy crypto. This in turn would attract crypto investment entirely to the US, impacting their global ecosystems, and shaping regulations. 

Meanwhile, the World Bank stated that if Armstrong’s prediction came true, it would mean over $10 trillion in value would be tokenized. Considering today’s global GDP, it is over $100 trillion. Further, he said,

The US now has the most crypto-friendly Congress we’ve ever seen, and by the end of this century, 10% of the global GDP may be running on crypto rails.

Global Crypto Adoption Rate

Armstrong compared the current adoption rate of crypto to that of the early 2000s when the world was trying to navigate the Internet, hinting that “Onchain is the new chain.” In 2024, approximately 562 million people, which is equal to 6.8% of the global population, have crypto holdings. Every year, the global region saw a significant surge despite regulatory and governmental restrictions. Notably, crypto ownership in South America has surged 116.5% since 2023, while North America saw a 38.6% increase.

Related: Trump’s Pro-Crypto Agenda Reshapes U.S. Regulatory Landscape

Armstrong also told investors that Coinbase is going to be the preferred partner for building this massive rise compared to many other companies. His firm reported a total Q4 revenue of $2.3 billion, up 88% quarter-on-quarter, bringing its annual revenue to $6.1 billion, doubling from 2023. 

With strong regulatory momentum, increasing institutional involvement, and surging investor enthusiasm, the stage is set for a massive transformation. However, the most certain thing is that crypto is no longer an uncommon asset but a growing force for shaping the future of global financial markets.

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