Coinbase CPO Surojit Chatterjee Explains Why He Believes the Exchange Will Win- Ep. 385

Unchained

Surojit Chatterjee, chief product officer at Coinbase, comes to talk about what products Coinbase is building, how it can thrive in such a competitive landscape, how to onboard billions of users into crypto, and much more.

Show highlights:

how Surojit got into crypto and ended up at Coinbase
what sets Coinbase apart from the competition
how to bring billions of customers to crypto
Surojit’s mental model of a bridge between the fiat world and the crypto world
how Coinbase is integrating its main app with Web3
whether crypto can become a utility rather than an investment asset
how Coinbase is building a product in such a way that it attracts even “crypto-native” people
what happened with Coinbase NFT Marketplace’s failure and whether the company will keep investing in NFTs
whether Coinbase has lost crypto-embedded people among its employees
how the partnership with BlackRock indicates how far crypto has come
the amount of money that institutions could potentially pour into crypto
how Coinbase will prevent itself from having the largest percentage of staked ETH
how the company is monetizing the Coinbase wallet and what would happen to revenue if the trading volume were to move from the exchange to Coinbase wallet swaps
why Coinbase is suffering a decline in trading volume
whether Coinbase can compete with newer exchanges like FTX and Binance and why Surojit still thinks Coinbase will win
why it is important to keep investing and building through this crypto winter
Surojit’s take on the frontrunning of coins about to be listed on the platform
why the Howey test (which determines whether something is a security) is outdated
how Coinbase understands securities, and whether the firm thinks the tokens listed on the platform are securities
how can Coinbase compete with decentralized exchanges like Uniswap
why Surojit is worried about regulatory clarity and stablecoins
how hacks and security give the crypto industry a bad reputation
what Surojit’s dreams are for the industry