Coinbase Executives Are Defending Stablecoins As “Private Money”
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Private money already exists everywhere, stablecoins just make it digital.
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Regulation matters more than who issues the money.
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USDC becoming part of the bigger monetary debate

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Stablecoins aren't going away anytime soon.
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The 90% M2 argument is actually pretty interesting.
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Crypto regulation is getting serious now.
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Stablecoins might be the bridge between banks and crypto.
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Funny how “private money” suddenly sounds scary when it's onchain.
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Stablecoins are slowly becoming impossible to separate from traditional finance.
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This debate will only get bigger as adoption grows.