Coinbase

“I, and I will say, yeah, the 30% tax on trading in India is quite punitive. I think that's actually one of the most punitive regimes anywhere in the world that we operate.”

“Right now we're making, An on-chain payment protocol.”

“But currently today, it's about 90% of the economics, at least on Coinbase, are given to the user. So we are keeping, you know, the 10%.”

“It's the most popular layer two on top of Ethereum now, and it's, people are using it for all kinds of apps to be built, and payment stable coins, and trading, and AI agents, like agentic commerce is happening on there.”

“And we, we've made it through stage zero, stage one. We're partly, partly through the final stage of stage two. And to do that, we've explored issuing a base token and there's a path to potentially decentralizing it over time on that route.”

“Yeah, like in, on the base chain, at least it's about a 10th of a cent US.”

“If we had, Capitulated, it would have probably spelt the end of the crypto industry in the United States.”

“Well, it turns out if you're building in a new area the law is awfully oftentimes unclear. And if your company gets big enough, you will eventually intersect with government. Even if you have no interest in the government will eventually develop an interest in…”

“We were doing stablecoin integrations with five of the 20 largest banks in the world.”

“We're actually planning to relaunch in India on Monday, and we, I believe we're now the first you know, international player in India that has a local license and access to the local payment rails and, You know, we registered with the FIU, and so we've got a l…”

“The House has already voted on it, so now the two committees in the Senate have to come together to reconcile their drafts, and then it'll hopefully, it could go to full Senate vote in the next month or two, so we'll see.”

“We're the company in the world that stores more crypto than anybody else.”

“You had mentioned earlier, people on Coinbase can actually choose to lend their money out and earn these yields and things. That's using a DeFi protocol underneath.”

“We, we've built this in the cloud where anybody can spin up an AWS instance in the same availability zone and have the same access as Citadel or Jane Street.”

“There's also people working on private transactions on, on base including us, for instance. So hopefully we'll be able to launch the first private transactions on base soon as well.”

“One thing we've been doing is just diversifying the set of asset classes that are in, you know, we're building the everything exchange so you can trade stocks and commodities and FX and everything, right? And, you know, index funds.”

“So we actually just today got approval for crypto perps and options tradable by U S people. I think we're the first regulated exchange in the U S to do that.”

“We also want to become the primary financial account for people over time. So they're doing direct deposit and they have Coinbase card and they can get a loan.”