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Coinbase CEO Says USDC Generated $800 Million in 2025 Revenue

The executive also described Coinbase’s internal “Next Bets” process and said he had voted against the USDC proposal before outside funding backed it.

USDC

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Terms & Concepts
  • USDC: A U.S. dollar-pegged stablecoin designed to maintain a fixed value of $1 per token.
  • Stablecoin: A cryptocurrency built to track a stable asset, usually a fiat currency such as the U.S. dollar.