USDC To Become Coinbase’s Biggest Profit Engine, Analysts Sees 7x Upside — Here's Why

Key Takeaways Bloomberg Intelligence says Coinbase’s USDC revenue could rise as much as sevenfold if stablecoin payments accelerate under new U.S. laws. Coinbase earns 100% of interest on USDC held on its platform and splits global reserve income 50/50 with Circle. Coinbase also holds a significant minority stake in Circle, aligning both firms as USDC adoption grows. Stablecoins may quietly become Coinbase’s most powerful profit engine. While crypto markets swing and trading volumes rise and fall ...