Core Insights - Coinbase is launching two new non-dollar stablecoins based on the local currencies of Singapore and Australia to encourage global onboarding [1][2][4] - A consumer sentiment survey indicates that 70% of local consumers in these countries are interested in non-dollar stablecoins, suggesting a significant market opportunity [1][5] - The new stablecoins, AUDD and XGSD, are fully backed by fiat collateral and aim to cater to both institutional clients and retail traders [6][7] Expansion Strategy - The introduction of local currency stablecoins is part of Coinbase's broader expansion strategy, which includes advancements in AI and deeper integration with traditional finance [2][4] - By listing these stablecoins, Coinbase anticipates a growing trend towards assets based on fiat currencies other than the US dollar [3][4] Market Potential - Singapore and Australia are identified as key markets for stablecoin expansion, with Coinbase already having established partnerships in Australia [6] - The successful implementation of these stablecoins could reveal a previously untapped market for local currency stablecoins [5]

Coinbase leads $14.6 million round in Bastion as firm leans into stablecoin infrastructure https://t.co/YqOy1MT78f ...

Base’s potential has always been clear.Now, with skyrocketing activity, scaling infra, a new app, and a token (potentially) on the way, it’s entering a new age.To dig deeper, I spoke with @jessepollak about what’s driving Base’s growth — and the vision going forward 👇~~ Analysis by @davewardonline ~~Base ChainSince spring, @base's chain has evolved significantly. DeFi TVL has nearly doubled to $5B, with protocols like @MorphoLabs and @aave tripling their value locked. Morpho’s Bitcoin-backed loans, integrat ...

【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 据官方博客，Coinbase将于9月29日起上线澳元稳定币AUDD和新元稳定币XSGD。 （责任编辑：刘静 HZ010） ...

I I'll never forget one of my big messes when Paul Graham asked me to look at the seed round of Coinbase and I said to myself, a Bitcoin ATM, what is that. Had no idea what this industry was about to become. Like it still haunts me.And so at the seed being very much focused on just backing the great founders and not overintextualizing what the returns are. And did you meet with Brian. Yeah.Did you think he was amazing. He is amazing. So it was purely the idea that you couldn't get your head.My little brain ...

JUST IN: Coinbase CEO Brian Armstrong says Bitcoin could reach $1 MILLION by 2030 🚀 https://t.co/5RxoWZnNSM ...

Group 1 - Netflix has successfully implemented a recurring revenue model that has led to a stock increase of 1,140% over the last decade [1][7] - Coinbase is aiming to adopt a similar subscription-based revenue strategy, focusing on predictable cash flows from its users [2][4] - Coinbase One service offers tiered benefits, which could generate consistent revenue independent of crypto trading fees, with $656 million in revenue reported for Q2 2025 [4] Group 2 - Coinbase's platform advantage includes serving as a custodian for new Bitcoin ETFs, enhancing its institutional relationships and fee streams [5] - The competitive landscape for Coinbase includes traditional financial institutions, which may complicate its path to becoming a leading platform in the crypto space [6][8] - For Coinbase to succeed, it must maintain its competitive edge and adapt to the evolving market, unlike Netflix's earlier, less competitive environment [8]

Group 1 - Coinbase Global, Inc. (NASDAQ:COIN) is currently considered a hot stock to invest in, with BofA Securities reaffirming a Neutral rating and a price target of $369 [1] - Coinbase is recognized as the largest regulated platform in the US, positioning it strongly within the digital assets industry [1] - BofA Securities highlighted Coinbase's diverse product offerings, including Base, Payments, Crypto-as-a-service, One Card, and Commerce [2] Group 2 - Over 240 companies utilize Coinbase's crypto-as-a-service for their trading, payment, and custody needs, showcasing its role as a financial infrastructure and technology provider in the global crypto industry [2]

Core Insights - Bastion, a stablecoin startup, raised $14.6 million in a funding round led by Coinbase Ventures, indicating strong investor interest in the stablecoin sector [1][4] - The company provides a white label solution for businesses to create their own branded stablecoins, simplifying the process of regulatory compliance and software development [1][4] - The stablecoin market is experiencing significant growth, with increasing mainstream adoption as a cheaper and faster alternative to traditional payment systems [5][6] Company Overview - Bastion's recent funding round included participation from notable investors such as Sony's venture arm, Samsung's venture arm, Andreessen Horowitz's crypto division, and Hashed [2] - The company previously raised $25 million in a seed round in 2023, showcasing its ability to attract substantial investment [3] - Co-founders Nassim Eddequiouaq and Riyaz Faizullabhoy have a background in the crypto sector, having worked at Andreessen Horowitz and Meta on the Libra project [3] Industry Trends - The stablecoin sector is characterized by a surge in new startups and funding, reflecting a competitive landscape [7] - Stablecoins have gained popularity among crypto traders and are now being recognized for their potential in mainstream financial applications [5] - Recent developments in the industry include Stripe's $1.1 billion acquisition of Bridge and Circle's public offering, highlighting the growing significance of stablecoins [6]

Core Insights - Federal Reserve Chairman Powell indicated that the current policy interest rate remains slightly restrictive, allowing the Fed to better respond to potential economic developments [1][3] - The launch of AUDD and XSGD stablecoins by Coinbase aligns with the Fed's policy adjustments, highlighting a deepening connection between traditional monetary policy and Web3 financial compliance [1][6] Group 1: Federal Reserve Policy Impact - The current "slightly restrictive" interest rate environment (federal funds rate at 4.00% to 4.25%) provides moderate liquidity to the crypto market [3] - Following a 25 basis point rate cut on September 17, the market anticipates an 87.7% probability of an additional 50 basis point cut by year-end, reducing borrowing costs for institutional investments in crypto assets [3][5] Group 2: Stablecoin Adoption and Usage - Coinbase's wallet now features a "one-click exchange + cross-border transfer" function for AUDD and XSGD, allowing users to exchange fiat and stablecoins at a 1:1 ratio, with transfers taking less than 10 minutes [3][6] - In the first week, the usage of this feature exceeded 500,000 times, with institutional users accounting for 38%, indicating a surge in demand for compliant stablecoins [3][6] Group 3: Ecosystem Development - XBIT Wallet has launched trading pairs for AUDD/USDT and XSGD/USDT, creating an ecosystem that integrates wallet storage, exchange trading, and application scenarios [6] - The collaboration between Coinbase wallet and XBIT Wallet enhances the synergy between policy and compliant stablecoins, with a 65% week-over-week increase in stablecoin to mainstream coin conversions following the rate cut [6] Group 4: User Behavior and Financial Services - The integration of policy signals into user operations through XBIT Wallet's features marks a shift towards a dual-driven model of "policy adaptation + technological innovation" in Web3 finance [8] - User numbers holding AUDD and XSGD increased by 34% post-rate cut, with those using the "policy-asset linkage analysis module" experiencing 18% lower asset volatility and 2.9 percentage points higher average returns over seven days [9] Group 5: Long-term Trends - Powell's policy stance and the implementation of compliant stablecoins provide a clear development path for the Web3 wallet industry, emphasizing the need to align closely with policy trends and build a comprehensive service ecosystem to unlock value during liquidity easing periods [9]