Coinbase (NASDAQ:COIN) CEO Brian Armstrong is interested in collaborating with Elon Musk's X platform to enable USDC transfers between users.

What Happened: Armstrong's response came after Travis Bloom, Coinbase's engineering lead, directly addressed Musk on Sunday, asking, "Hey @elonmusk, when is X gonna let me send other users USDC on @base? Seems like a clear product win." Armstrong quote-tweeted, stating, "This would be a great feature @x team let's talk."

USDC (CRYPTO: USDC), a stablecoin pegged to the US dollar, could potentially offer X users a seamless way to transfer value within the platform, particularly following X's recent acquisition of money transmission licenses in multiple U.S. states.

Such a feature could leverage Base's infrastructure to enable fast, low-cost stablecoin transfers between X users.

Also Read: 2025 Outlook: Bitcoin To $150,000, Ethereum To $5,500, Dogecoin Hits $1, Galaxy Research Predicts

Why It Matters: The proposal aligns with Armstrong's broader vision for cryptocurrency adoption and Musk's plans to turn X into an "everything app."

Armstrong made headlines by strongly opposing any potential sale of Bitcoin by the U.S. government.

In response to a transfer of 19,800 Bitcoin to a Coinbase Prime deposit address, Armstrong tweeted on Dec. 3, "Agreed — the U.S. government should never sell Bitcoin IMO."

Armstrong's has also been vocal about regulatory issues, recently criticizing Senator Elizabeth Warren (D-Mass.) for her stance on crypto regulation.

The Coinbase CEO accused Warren of being involved in "one of the most unethical, un-American things that happened in the Biden administration," referring to alleged attempts to debank the cryptocurrency industry.

The potential collaboration between Coinbase and X for USDC transfers comes is further evidence for Coinbase actively seeking new avenues for cryptocurrency integration into mainstream platforms.

• New Year, New Strategy: Buy Crypto Like You Buy Fine Wine In 2025 — Experts Share Resolutions

Image: Shutterstock