Coinbase’s $719 million profit reveals a company caught between two crypto economies

CryptoSlate · Fri, 30 Oct 2026 18:40:11 GMT

Hype 28/100 · Market impact 10/100 · Breaking 45/100

Tags: STABLECOIN

In the third quarter, the gap between Coinbase’s stablecoin revenue and its disclosed holder-rewards expense fell 16.6%, based on a calculation that excludes other costs and income.

Read the full story on CryptoSlate →

Related coverage

Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B
Solana (SOL) Moves In on Hong Kong Banks to Scale Its $14 Billion Stablecoin Market
XRP Ledger Ranks Third in Stablecoin Expansion, But Who Is First?
How the Binance Hacker Outsmarted Stablecoin Freezes
Polygon Targets Solana’s $5.76T Stablecoin Market With New Payments Integration