Coinbase CEO Brian Armstrong Outlines Vision for Crypto Super App

Coinbase CEO and co-founder Brian Armstrong revealed that the company’s long-term mission is to become a financial “super app,” offering services that extend far beyond crypto trading. Speaking on Fox Business’ The Claman Countdown, Armstrong emphasized that momentum in Congress is at its peak, with bipartisan efforts to establish clear rules for digital assets.

Armstrong explained that Coinbase aims to integrate traditional banking and fintech features on crypto rails, citing the launch of its credit card that gives 4% back in bitcoin. He argued that legacy card networks’ 2–3% swipe fees highlight the need for cheaper, faster payment systems. Ultimately, Coinbase wants to serve as a “bank replacement,” enabling users to manage spending, savings, investing, and payments all in one place.

He noted that recent legislation, such as the “Genius Act” on stablecoins and ongoing debates around token classification, represents a turning point for U.S. crypto regulation. While lobbying from major banks remains a challenge, Armstrong dismissed concerns that stablecoin rewards threaten traditional payments, comparing them to credit card points or airline miles. Despite criticism, Coinbase maintains partnerships with major institutions like JPMorgan and PNC for custody and payments.

Armstrong also addressed competition from rivals like Gemini but welcomed the growth of the ecosystem, arguing that Coinbase’s trust and security remain its strongest advantage. He highlighted that Coinbase currently stores more crypto than any other provider, a position that helps expand its services into mainstream finance.

Looking ahead, Armstrong predicted bitcoin could reach $1 million by 2030, supported by regulatory clarity, U.S. bitcoin reserves, and rising ETF inflows, most of which use Coinbase for custody. He compared bitcoin’s role to both gold and equities, framing it as both a hedge and a growth asset.