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  1. Coinbase is listed on Nasdaq, while Circle's USDC funds a quarter of Coinbase's revenue. The Senate failed to pass the CLARITY Act, amidst FED rate impacts.

Coinbase operationalizes distribution of USDC stablecoin, shared with Circle

1 report, 1 independent Updated Sep 21
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Coinbase is operationalizing the distribution of USDC, a stablecoin developed with Circle. This distribution is part of a shared business model between the two companies. The service revenue derived from this distribution is a leading component of Coinbase's subscription and services revenue.

From yahoo.com

Why it matters

Some supportBrind's analysis of the reports

The subscription and services revenue line, which includes the cut of USDC, accounted for a little over two-fifths of Coinbase's total revenue in the first quarter of 2026. This revenue stream is sensitive to the broader crypto market, which saw a 21% total revenue decline during that quarter.

Coinbase is listed on Nasdaq, while Circle's USDC funds a quarter of Coinbase's revenue.

From yahoo.com

Who's involved

  • CoinbaseAmerican company operating a major cryptocurrency exchange platform
  • CirclePeer-to-peer payments technology company co-founding USDC

Keep exploring

Part of

Coinbase is listed on Nasdaq, while Circle's USDC funds a quarter of Coinbase's revenue. The Senate failed to pass the CLARITY Act, amidst FED rate impacts. All 1 developments

The entities involved

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Coverage

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