Coinbase Offers Unique Exposure to the Long-Term Growth of Crypto: KBW
Briefly

from Coindesk1 month ago
We see a significant near-term revenue opportunity from inflecting USD Coin (USDC) outstanding balances, elevated crypto asset levels, and an apparent retail re-engagement from trough levels in 2023.
Coindeskhttps://www.coindesk.com/markets/2024/04/03/coinbase-offers-unique-exposure-to-the-long-term-growth-of-crypto-kbw/
USDC outstanding balances continue to grow, rising 32% in the first quarter, is a stablecoin issued by Circle, which is itself backed by Coinbase.
Coindeskhttps://www.coindesk.com/markets/2024/04/03/coinbase-offers-unique-exposure-to-the-long-term-growth-of-crypto-kbw/
Read at Coindesk
#coinbase #crypto-economy #price-target #trading-activity #usdc
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