Market News / Story
Can USDC Adoption Reshape Coinbase's Long-Term Growth Profile?
Zacks ·
Zacks reports: Coinbase Global COIN is increasingly being valued as more than a crypto trading platform, with USDC emerging as a potentially important long-term growth engine. Unlike transaction revenues, which are highly sensitive to crypto trading volumes, USDC can generate a more recurring revenue stream tied to broader adoption of blockchain-based payments and digital-dollar usage. Stablecoins remain central to Coinbase’s revenue mix and payments strategy. Average USDC held in Coinbase…