#Coinbase Enhances Support for Solana#

Coinbase CEO Brian Armstrong has recently expressed his views on the cryptocurrency industry in multiple occasions and announced that the company will strengthen its support for Solana. He stated that Coinbase will provide native support for Solana transactions, including DEX and memecoin trading, and elevate it to the same "first-tier support" level as Bitcoin, Ethereum, and Base. He believes that the Solana transaction backlog issue has been resolved and users can retry canceled transactions. Furthermore, Armstrong expressed his optimism about Bitcoin, stating that it can effectively counter deficit spending and inflation and predicts that its price will reach millions of dollars. He also revealed that finance ministers from multiple countries are paying attention to Bitcoin and are interested in holding it as a strategic reserve. Regarding stablecoin regulation, Armstrong believes that upcoming US stablecoin regulations may require issuers to fully back their dollar-denominated tokens with US Treasury bonds and complete regular audits. He stated that Coinbase would delist USDT if Tether fails to comply with any new US laws. Despite this, Coinbase still plans to continue providing USDT services to help customers access other crypto assets.Overall, Coinbase CEO Brian Armstrong maintains a positive attitude toward the cryptocurrency industry and has expressed his commitment to actively participating in its development, including strengthening support for Solana, promoting Bitcoin adoption, and addressing upcoming stablecoin regulations.