[WSJ Says Coinbase Has Become Wall Street's Top Enemy, Brian Armstrong Calls for a Win-Win Approach] BlockBeats News, February 2: The Wall Street Journal published an article stating that Coinbase CEO Brian Armstrong has become the top enemy of Wall Street's traditional financial giants, leading to conflicts over the future of the financial industry. Brian Armstrong and banking executives, including JPMorgan Chase CEO, have significant disagreements on cryptocurrency regulation, particularly regarding the 'Cryptocurrency Market Structure Act' (CLARITY Act). Banks are concerned that the high yields of stablecoins could divert $6.6 trillion in bank deposits, thereby harming their lending business. Armstrong, on the other hand, advocates for free market competition and accuses banks of obstructing the development of competitors. Stripe CEO Patrick Collison commented on this, saying that Brian's argument is clearly not in Coinbase's immediate interest: in a world where yield sharing is prohibited, USDC would at least appear to be more straightforward and profitable for Coinbase. As far as I know, Brian's stance stems from his belief in the importance of a vibrant and competitive market, one that protects consumer freedom. I think he deserves high praise for this. Brian Armstrong himself shared Patrick Collison's perspective, stating, 'What I am pursuing is the best societal outcome, and I see this as a positive-sum game where crypto companies and traditional financial giants can both win. Some parties are trying to use the government to block competition and view competition as a zero-sum game.'