Coinbase CEO predicts G20 nations to adopt Bitcoin reserves soon

Brian Armstrong, Coinbase CEO, said he expects G20 nations to adopt strategic Bitcoin reserves. Bitcoin reaching $200,000 by December 31, 2026, is at 6% YES, up from 4% a week ago.

The Bitcoin price market moved 2 points over the past week to 6% YES. Brazil has made legislative moves to incorporate Bitcoin into its reserves, and the U.S. has established a Strategic Bitcoin Reserve. Japan and Germany are also reportedly considering similar steps, which adds to the case for broader G20 adoption.

Trading volume remains thin, with daily actual USDC at $604 across the market. A $1,699 order could swing the odds by 5 points, which shows a lack of conviction from larger players so far. The biggest move was a 1.5-point jump, likely retail traders reacting to Armstrong’s comments.

This matters because countries treating Bitcoin as a reserve asset, rather than a speculative one, would change its function in sovereign finance. The source is tier-3, but it’s consistent with recent state-level actions, which gives the market reaction some basis. Buying YES at 6¢ offers a potential 16.67x return if Bitcoin hits $200,000 by year’s end. That bet requires believing more G20 nations will formalize Bitcoin reserves soon.

Watch for official announcements from Japan or Germany on Bitcoin reserve policies. Also track Brazil’s progress on Bill PL 4501/2024 as an early signal of wider adoption.