Coinbase Institutional Co-CEO: Bitcoin’s “Second Wave” of Institutional Capital has Arrived
By Patrick Green
AI summary of the source article
Seven of the world's largest banks are running on Coinbase infrastructure. Coinbase Institutional Co-CEO Brett Tejpaul stated that institutional drivers have shifted from Bitcoin ETFs toward stablecoin payments.
Key facts
- Seven of the largest banks in the world are running on Coinbase infrastructure.
- Institutional adoption drivers have shifted from Bitcoin ETFs to stablecoin payments, such as transfers between Citi accounts and USDC.
- Brett Tejpaul noted that institutions currently treat Bitcoin primarily as a tech trade.
Source excerpt · Bitcoin Magazine
▶ Bitcoin Magazine Coinbase Institutional Co-CEO: Bitcoin’s “Second Wave” of Institutional Capital has Arrived Seven mega banks tap Coinbase infrastructure. Brett Tejpaul explains why stablecoin rails are driving adoption, while institutions still view BTC as tech. This post Coinbase Institutional Co-CEO: Bitcoin’s “Second Wave” of Institutional Capital has Arrived first appeared on Bitcoin Magazi…