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Top Global Bank Executive Calls Crypto Its No. 1 Priority, Coinbase’s Armstrong Says

At Davos, tokenization with stablecoins was cast as infrastructure that could bypass legacy payment systems.

Overview

  • Brian Armstrong said an unnamed executive from a top‑ten global bank told him crypto is an existential issue for their business and now their highest priority.
  • Armstrong reported that many financial leaders he met at the World Economic Forum were pro‑crypto and actively exploring ways to enter the market.
  • He said discussions on tokenization extended beyond stablecoins to equities and credit, with expectations of notable progress in 2026.
  • Armstrong characterized the U.S. political climate as increasingly supportive, citing the Trump administration’s push for the CLARITY Act even after Senate action stalled following industry dissent.
  • He linked AI and digital assets, predicting autonomous agents will default to stablecoins for payments that bypass conventional identity checks and banking restrictions.