Coinbase CEO says stablecoins give people an escape from inflation

TODAY: Coinbase CEO Brian Armstrong says stablecoins are giving people in high-inflation economies access to stronger fiat currencies without needing to physically move or hoard cash.
Stablecoins can effectively provide digital access to currencies like the U.S. dollar from almost anywhere with an internet connection.
Armstrong argues this is one of crypto's most important real-world use cases: giving people an alternative when their domestic currency is rapidly losing purchasing power.
"Crypto gives people a way out."