$MSFT
Sudden SpikeSnapshot Window: 2026-07-16 23:10 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 2, Retweets: 5, Likes: 42, Impressions: 1367
Verbatim Community Citations & Social Evidence 1 source posts analyzed
Watch: Coinbase CEO on why your bank account pays you nothing Armstrong says banks force you to choose between a checking account that earns zero or a savings account you can't spend from so "they get a larger net interest margin spread." He says stablecoins remove that [Spoken audio]: Why would I, for the same return as I would get if I bought USDC or DT directly, put an intermediary in between and add a layer of, an additional layer of risk to own the same instrument that gives me the same yield? The reason is you can use the stablecoin as a payment instrument, or you can use it for trading and you can use it in DeFi. So in the traditional financial system, they have this separation and they'll say, okay, here you can have your checking account, right, and that's for payments, but you don't earn anything on that. And then over here is your savings account or your money market fund. And that will pay you some yield for that, but you can't spend it. You can't use your money market fund to pay for coffee or something. So in this new financial system, we're trying to update the financial system. saying, why do we force the customer to move their money between these two buckets? Why can't you just have one pool of money where if I want to spend it, I can spend it, and if I want to earn some yield, I can earn a fair rate? So that's kind of the goal with stablecoins. In a way, the reason banks do that is they can use your money to lend and monetize the money they have. Exactly. Yeah. They basically want to have the deposits in your checking account where they don't have to pay you anything. So in my view, historically they've intentionally created this friction so that they get a larger net interest margin spread.
