💎 Coinbase CEO Brian Armstrong said live on Fox News that major banks are attempting to undermine the president’s crypto agenda
📝 Brian Armstrong is spot on here. For years, traditional banks have enjoyed near-monopolistic privileges, paying next to nothing on deposits while charging ridiculous fees everywhere else. Now that crypto and stablecoins are finally giving everyday Americans the chance to earn real yield (like 4-5% on USDC), the big banks are panicking and lobbying hard to kill it through backdoor legislation
This isn’t about protecting consumers—it's pure regulatory capture to eliminate competition. Trump’s pro-crypto stance is one of the few things actually disrupting the old financial cartel. We need to keep the pressure on Congress to stop this sabotage
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