⬆️ [Analysis] Coinbase orchestrates parallel banking network corridors – Diar

Coinbase's latest dollar pegged cryptocurrency, moves the firm towards its 'Open Financial System' goals, akin to a suite of banking products. Given its securing multiple licenses through M&As, Coinbase seems to be planning a second-layer banking infrastructure with on-chain channels. Additionally, many Coinbase alumni are starting prominent fintech startups in the space and are often funded by the firm.

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