Coinbase CEO Brian Armstrong highlighted stablecoin payments as a key revenue growth area, projecting the $300 billion stablecoin market to increase tenfold by 2030. The company is partnering with banks and FinTechs to boost stablecoin payment activity, diversifying beyond crypto trading. Stablecoins already contribute about 24% of Coinbase's revenue, and Armstrong is optimistic about regulatory clarity from the Senate or regulators soon. This strategy aims to make Coinbase's revenue more durable and expand its financial product offerings.
Coinbase has teamed up with financial services provider Moov to expand stablecoin capabilities like acceptance, settlement, and real-time funding for community banks and credit unions. This partnership aims to integrate stablecoin services into exist...
Coinbase CEO Brian Armstrong expressed confidence that the Clarity Act, a U.S. federal bill to regulate digital assets, is likely to pass the Senate with broad support from crypto firms and banks. The legislation aims to clarify oversight between the...
Coinbase has selected ION's XTP for Event Contracts to support the clearing of event contracts for Kalshi, the largest prediction market globally. This platform enables real-time, automated creation, resolution, and settlement of event-based contract...
Strategy (formerly MicroStrategy) stock has dropped over 56% in the past year due to Bitcoin's price decline and large unrealized losses on its 846,000 BTC holdings. Despite this, Benchmark's analyst Mark Palmer sets a bullish $435 price target, impl...
