PANews reported on February 24th that, according to Bloomberg, BI analysts Paul Gulberg and Samuel Radowitz stated that Coinbase's stablecoin revenue is projected to reach $1.35 billion by 2025, accounting for approximately 19% of its total revenue. If payment adoption accelerates under the Genius Act, this could expand by 2-7 times. However, the Act prohibits paying interest/yields to holders, and the draft negotiations may further restrict exchanges from awarding rewards to stablecoin balances, potentially impacting its revenue-sharing model with USDC issuer Circle.
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