stablecoin supply continues to climb even when broader crypto markets pull back
in case it isn't obvious, we're all in on driving stablecoin growth
@coinbase
- coinbase is the distribution engine driving USDC growth, with record balances across Coinbase products (+$17.8B as of end of Q4)
- we've developed a vertically integrated stack for stablecoins across issuance, Base L2 (settlement layer), consumer and agentic wallets, and our user-facing products (Coinbase, Prime, Coinbase Business)
- coinbase is a platform that supports many stablecoins and serves as a primary liquidity venue and custodian -- well positioned as we see more stablecoins emerge and continued growth in overall supply