Coinbase pulled ahead of Circle in Q1 earnings from the very product they built together; USDC. According to JPMorgan, the crypto exchange earned $300 million in distribution payments tied to USDC in ...
Circle has experienced extreme stock volatility, rising nearly 10x post-IPO before retracing sharply as valuation concerns ...
The firm purchased more than 174,000 shares of Google parent Alphabet Inc. (NASDAQ: GOOG), valued at over $56 million, on Nov. 26. The move came one week after Alphabet unveiled Gemini 3, its most ...
Circle Internet Financial, the issuer of the crypto stablecoin USDC, filed paperwork in early April to go forward with a long-awaited initial public offering. There is a chance, though, that Circle’s ...
The latest crypto slide has created an attractive entry point for the two companies' stocks, with core USDC and bitcoin theses still intact.
(Reuters) -Shares of stablecoin issuer Circle and crypto exchange Coinbase surged on Wednesday after the U.S. Senate passed a landmark stablecoin bill, boosting hopes of wider adoption for a ...
Cryptocurrency exchange Coinbase is taking a stake in Circle, the issuer of the USDC stablecoin, signifying a closer relationship between the two crypto heavyweights. The two companies also said they ...
Shares of Circle and Coinbase rallied on Wednesday, as Wall Street cheered the Senate's passage of the GENIUS Act, which would establish a federal framework for U.S. dollar-pegged stablecoins. Stream ...
Tokenized stocks likely represent a bigger revenue opportunity for Coinbase than prediction markets, analysts at Compass Point wrote.
According to JPMorgan analyst Kenneth B. Worthington, investors may be underestimating how deeply embedded—and profitable—USDC has become for Coinbase. "We see USDC economics as particularly ...