According to Coinbase CEO Brian Armstrong, big banks no longer view crypto as a curiosity or niche -- they see it as a threat to their core business.

Armstrong says:

💥 Banks aren’t just cautious -- they’re actively pushing back

🏦 They see stablecoins, DeFi rails, and digital assets as competition, not complements

🇺🇸 This is why the regulatory fight matters -- it’s not just policy, it’s market share

This is a shift from “ignore crypto” -> “actively defend against it.”

If the incumbents are scared, that tells you something about where they think value is moving. @Cellula Re-poster #dusk @Walrus 🦭/acc #walrus $DUSK

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