Coinbase News: Bitcoin as a Volatility Hedge Trend Emerges Amid Coinbase Struggles and Stablecoin Regulation Moves

Recent developments in the cryptocurrency space highlight a shift in institutional investment strategies, Coinbase’s financial struggles, and regulatory advancements in the U.S.

Standard Chartered Sees Bitcoin as Volatility Hedge

Standard Chartered’s Head of Digital Assets Research, Geoff Kendrick, has observed early signs of institutional investors turning to Bitcoin as a hedge against equity market volatility. This trend is already underway, with investors seeking alternatives to traditional hedges. Meanwhile, Coinbase had its worst quarter since the FTX collapse, and U.S. regulators are moving closer to unified stablecoin legislation. Traders are gearing up for a potentially volatile week driven by tariff news.

Coinbase CEO Calls Stablecoin Interest Rates a ‘Win-Win’ for the U.S.

Coinbase CEO Brian Armstrong hailed yield-bearing stablecoins as a ‘win-win’ for the U.S., global stablecoin users, and the U.S. government via increased demand for Treasury bills. Armstrong stated this in an X (formerly Twitter) post on March 31st, emphasizing that U.S. stablecoin legislation should allow consumers to earn interest on stablecoins. He also noted that both banks and crypto companies should be incentivized to share interest with consumers, aligning with a free market approach. Senator Gillibrand expressed worry that stablecoin rewards could harm traditional banks.