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Linda Xie: In 2016/17, she suggested that Coinbase launch its own stablecoin, but it was unsuccessful

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2025-06-19 05:21:19
On June 19, former Scalar Capital Lianchuang and Coinbase product lead Linda Xie said on its X platform that she had suggested to Coinbase in late 2016/early 2017 that they launch their own dollar stablecoin and wrote a complete specification for it, but it was unsuccessful.
"But big user ideas are cheap, and the key is execution, like the team that launched USDC was clearly successful and well timed."
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