Bloomberg Intelligence: Coinbase’s stablecoin revenue at ~$1.35B annual run rate (19% of total). Could grow 7x if USDC shifts to payments rail, driven by GENIUS Act, Stripe integration & Base L2 volume. USDC handled $18.3T of $33T stablecoin flows in 2025. Risks remain. #Coinbase
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Bloomberg Intelligence: Coinbase’s stablecoin revenue at ~$1.35B annual run rate (19% of total). Could grow 7x if USDC shifts to payments rail, driven by GENIUS Act, Stripe integration & Base L2 volume. USDC handled $18.3T of $33T stablecoin flows in 2025. Risks remain. #Coinbase