Coinbase CEO: Major banks are partnering with Coinbase on cryptocurrency pilot projects.

According to Odaily Planet Daily, Coinbase CEO Brian Armstrong stated that several major banks are collaborating with Coinbase on pilot projects in the areas of stablecoins, custody, and trading. He did not specifically name the partner banks.

Armstrong stated, "Top banks are actively seizing this opportunity, and those institutions that resist change will eventually be eliminated by the times."