Coinbase CEO: On-chain reputation to replace credit scores

The claim that on-chain reputation could displace credit scores hinges on whether verifiable financial history can be trusted across borders, potentially opening lending and services to those excluded by legacy systems. If adopted, the shift would pressure traditional credit bureaus and regulators to adapt, while raising questions about data privacy and the portability of reputation across platforms. The key is whether infrastructure can standardize such scores without fragmenting, and whether users accept transparent financial footprints as a fair proxy for trustworthiness.