LIVE NOW -- Robinhood vs. Coinbase:Who Wins the Future of Finance?Business models, growth strategies, tokenized asset plays.How do companies approach crypto, equities, and infrastructure?Will Robinhood’s slick UX and expanding product suite win the next generation?Or will Coinbase’s onchain infra and stablecoin moat prove unbeatable?@EffortCapital from @BlockworksAdv and @TheOneandOmsy from @Dragonfly_xyz join the show to debate Coinbase vs Robinhood, two companies racing to become the dominant financial su ...

3. 稳定币存在刚需场景 （跨境支付等），但也并非所有现实场景都能长驱直入。监管下场有私心，美国想增加短债买家，欧、中想抵抗美元霸权。 加密货币系列前两篇（《Coinbase业务逻辑》、《稳定币讨论》）( 已发布在长桥App「动态-投研」板块，也可添加文末小助手微信入群获取 )，海豚君介绍了 Coinbase的商业模式，稳定币市场规模以及USDC的稀缺性问题。为防大家信息迷失，我们先来拎一下重点： 1. Coinbase目前主要靠 加密货币交易费创收，散户收费 为主。但竞争加剧下（监管加入有利有弊，出清低合规Crypto交易平台，但刺激传统经纪商进入市场），因 此降费是大趋势。 未来增长要靠非交易收入——a订阅类（托管、质押、借贷、稳定币等）; b. 数据、云等链上基础服务类。这一众收入来源中，稳定币是最具想象力的业务。 2. 稳定币的监管认可打开了加密货币的价值上限 ，也给了Coinbase更大的增长想象力；必须先分析稳定币前景，才能算清Coinbase的稳态价值。 在估值之前，我们有必要先来回溯下Coinbase和Circle之间的合作协议变化。 从2018年至今，可以分为三个时期，简单概括为： 2018 ...

Core Insights - The article discusses the potential of stablecoins in enhancing Coinbase's business model, particularly in expanding transaction, custody, and staking services, while also generating interest income from reserves primarily held in U.S. Treasuries [1][2]. Group 1: Market Dynamics of Stablecoins - The valuation of Circle at $6.8 billion post-IPO surged to a peak of 10 times within a month, indicating a speculative bubble driven by high expectations for the stablecoin market [2]. - Stablecoins are seen as essential for reducing transaction costs in traditional finance, especially in high-inflation regions like Latin America, where they can significantly lower cross-border trade costs [5][6]. - Current market expectations project the stablecoin market to reach $2 trillion by 2028, with optimistic forecasts suggesting $3.7 trillion by 2030, while conservative estimates range from $500 billion to $1.6 trillion [6][19]. Group 2: Demand and Use Cases - Stablecoin demand is categorized into three main areas: crypto-native demand, B2B transactions, and securities trading, with the latter two expected to drive significant growth [15][16][24]. - The global B2B payment market is valued at $114 trillion, with cross-border payments accounting for $38 trillion, presenting a substantial opportunity for stablecoins to penetrate this space [15]. - The potential for stablecoins in securities trading is highlighted by recent initiatives to tokenize shares of major companies, which could streamline transaction processes and reduce costs [16]. Group 3: Competitive Landscape - Circle's USDC and Tether's USDT dominate the stablecoin market, collectively holding a 90% market share, with USDC being more compliant with emerging regulations [26][30]. - The article emphasizes the importance of regulatory compliance as a competitive advantage for USDC, especially with the introduction of the GENIUS Act, which sets standards for stablecoin issuers [31][32]. - The future market share distribution is projected to favor USDC and other traditional financial institution-backed stablecoins, potentially capturing 70% of the market in various use cases [41]. Group 4: Future Projections - The stablecoin market is expected to grow significantly, with estimates suggesting a market cap for USDC could reach between $688 billion and $2.1 trillion by 2030, depending on various scenarios [42]. - The article concludes that the stablecoin market's growth will largely depend on regulatory clarity and the willingness of traditional financial institutions to embrace change [21][39].

Today, Salana rises after the launch of the first US-based soul staking ETF. Coinbase acquires token management platform liquify. And Andrew McCormick, head of e Toro US, discusses the retail trading platform's continued expansion of its crypto asset lineup.Welcome to CNBC's Crypto World. I'm Brandon Gomez. Crypto prices in the green as of midday after President Trump claimed a US trade deal with Vietnam has been reached.As of noon Eastern, Bitcoin climbed more than two and a half% to the $18,000 level. Eth ...

Group 1 - Coinbase is acquiring Liquifi, a platform that assists digital asset firms in managing token ownership [1] - Liquifi helps teams like Uniswap Foundation and OP Labs to launch and manage their tokens, addressing challenges such as legal, tax, and compliance hurdles [2] - The acquisition will enable Coinbase to work more effectively with builders earlier in their lifecycle, enhancing token launch processes [2][3] Group 2 - Coinbase recently introduced a stablecoin payments stack aimed at eCommerce platforms to facilitate faster market entry for stablecoin payments [4] - A significant portion of Fortune 500 companies are building on-chain, and a third of small businesses are already utilizing crypto, indicating growing demand for stablecoin payments [5] - User experience remains a critical barrier to wider adoption of stablecoin payments, as average users find the process complex and cumbersome [5][6]

Core Insights - The financial services sector outperformed expectations in the first half of 2025, driven by modest economic expansion, decent loan demand, higher interest rates, increased market volatility, and ongoing business restructuring initiatives [1][2][8] Sector Performance - The financial services sector gained over 7% in the January-June period, surpassing the S&P 500 Index's 4.9% rise [2] - Higher interest rates, technology investments, loan growth, and market volatility contributed to the sector's strength [8] Technology and Innovation - Increased use of innovative trading platforms and the adoption of artificial intelligence (AI) are expected to enhance profitability for finance firms in the long run, despite initial technology-related expenses [3] Top-Performing Stocks - Five top-performing stocks in the financial services sector include Coinbase Global (COIN), W. R. Berkley Corporation (WRB), Northern Trust (NTRS), Goldman Sachs (GS), and Charles Schwab (SCHW) [4][8] Coinbase Global (COIN) - Coinbase is positioned to benefit from increased crypto market volatility, with 84% of its revenues coming from the U.S. market [9] - The company is investing in infrastructure and platforms like Base to enhance the practical use of crypto [10] - Coinbase ended Q1 2025 with $10.2 billion in USD resources, a 6.7% increase from the end of 2024 [12] W. R. Berkley Corporation (WRB) - WRB has been investing in startups and expanding into international markets, with a 10.2% year-over-year increase in net premiums written in Q1 2025 [15] - The company is experiencing growth across all business lines except for professional liability and workers' compensation [16] Northern Trust (NTRS) - Northern Trust is focusing on organic expansion and has launched Family Office Solutions to attract ultra-high-net-worth clients [20] - The company reported a return on equity (ROE) of 13% in Q1 2025, indicating progress towards sustainable profitability [22] Goldman Sachs (GS) - Goldman Sachs is restructuring to refocus on core strengths, including the transfer of its GM credit card business and the sale of GreenSky [24][25] - The company expects a recovery in investment banking revenues in the second half of 2025 as economic conditions stabilize [26] Charles Schwab (SCHW) - Schwab is benefiting from a high-interest-rate environment, with its net interest margin improving to 2.12% by the end of Q1 2025 [30] - The company has a strong cash position of $35 billion and a total debt of $39.9 billion as of March 31, 2025 [33]

Core Viewpoint - The article discusses the potential of stablecoins in expanding Coinbase's business opportunities, emphasizing their role in transactions, custody, and staking, while also highlighting the income generated from stablecoin reserves, primarily in U.S. Treasury bonds [1][3]. Group 1: Market Dynamics of Stablecoins - Circle's IPO valuation reached $6.8 billion, and within a month, it peaked at ten times that value, indicating a speculative bubble driven by high expectations for the stablecoin market [3]. - Stablecoins are seen as essential due to their ability to reduce transaction costs in traditional finance, particularly in high-inflation regions like Latin America [3][4]. - The average intermediary cost in traditional cross-border payments is around 6%, while using stablecoins can reduce transaction fees by 99% [7][8]. Group 2: Future Market Expectations - The market expectation for stablecoins is projected to reach $2 trillion by 2028, with more optimistic forecasts suggesting $3.7 trillion by 2030 [8][9]. - As of June 30, the total market cap of stablecoins was approximately $263 billion, indicating significant growth potential if the market reaches the projected figures [9][11]. - The demand for stablecoins is categorized into three main areas: crypto-native demand, B2B transactions, and securities trading [16][17][18]. Group 3: Demand Scenarios and Market Penetration - The crypto-native demand for stablecoins is currently the primary use case, with an annual trading volume projected to reach $18 trillion by 2025 [16]. - B2B payments represent a significant growth opportunity, with a global market of $114 trillion, where stablecoins can streamline transactions and reduce costs [17]. - The potential for stablecoins in securities trading is also highlighted, as they can simplify transaction processes and provide 24/7 trading capabilities [18]. Group 4: Competitive Landscape and Regulatory Environment - Circle's USDC is positioned as a compliant stablecoin, which may provide a competitive edge over others like Tether (USDT) and FDUSD, especially in light of regulatory developments [31][33]. - The article emphasizes the importance of market share for USDC, suggesting that it could capture a significant portion of the stablecoin market, potentially reaching a market cap of $750 billion by 2030 [42][45]. - The competitive dynamics between Circle and Coinbase are discussed, with a focus on the need for both to expand their market presence and user base amid evolving regulatory landscapes [41][44].

🔥 NEW: Coinbase acquires token management platform Liquifi, expanding tools for token distribution, vesting, and tax handling. https://t.co/or9ELJMW6Z ...

Core Insights - Universal Digital Inc. has launched two double leveraged ETFs, MSTU and COIU, in partnership with LongPoint Asset Management, aimed at providing Canadian investors with enhanced exposure to key equities in the crypto sector [1][2][3] Group 1: ETF Launch Details - The newly launched ETFs are the first Canadian domiciled, double leveraged ETFs focused on MicroStrategy and Coinbase, providing amplified exposure to digital asset companies [1][2] - The ETFs are designed to provide 2X daily exposure to the respective U.S.-listed stocks, MicroStrategy Inc. (MSTU) and Coinbase Global Inc. (COIU) [5][6] - Both ETFs will be traded in Canadian dollars on the Toronto Stock Exchange (TSX) [1][2] Group 2: Company Vision and Strategy - The vision of Universal Digital is to bridge traditional and digital asset economies, enabling tactical access to leveraged exposure for Canadian investors [2][6] - LongPoint Asset Management emphasizes the innovative nature of these ETFs, catering to investors looking to manage short-term positions amid market volatility [2][7] Group 3: Market Position and Expertise - Universal Digital Inc. focuses on high-growth industries, particularly in blockchain and cryptocurrencies, aiming for long-term capital growth through a diversified investment approach [6] - LongPoint Asset Management boasts over 70 years of combined expertise in the ETF market, enhancing the credibility and potential success of the newly launched ETFs [7]

RT Pope (@web3tokenomics)heavy Hyperliquid users don't use neither Coinbase nor Robinhood.they are onchain, cause Hyperliquid can't lock up their account when they choose to.I can't imagine a user going on coinbase or robinhood, depositing 50m and longing 40x BTC without getting the account locked instantly asking for source of funds and size of underwear.yet you have CT idiots calling for stuff like this. ...