Armstrong listed flatcoins among several emerging crypto technologies that Coinbase may look to support with venture capital investments.
Coinbase CEO Brian Armstrong referenced flatcoins, which are pegged to the cost of living rather than another currency, as an area of personal interest in an interview.
“[The Flatcoin concept is] a new thing on the horizon. There's a couple teams working on it,” said Armstrong in anwith Yahoo Finance. “We're not building something in that realm yet, but we're interested in it.” on X, formerly Twitter, that showcased the 10 ideas in crypto he’s “most excited about.” In the interview, Armstrong noted that a number of its venture investments might go into some of the ideas mentioned in that post.
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