Coinbase Expands Focus on Stablecoin Payments Amid Massive Volume Growth
- Stablecoin payments volume increased by 200% in one year.
- $30 trillion in crypto stablecoin volume was recorded last year, tripling year-over-year.
- USDC is the second-largest stablecoin with a $56.37 billion market cap.
- Tether’s USDT leads the market with a $142 billion valuation.
The Coinbase CEO highlighted that stablecoin payments have surged by 200% in volume over the past year, reaching $30 trillion. The company aims to support USDC growth, which currently holds a $56.37 billion market cap.
Source (2.6)https://dailyhodl.com/2025/02/16/crypto-stablecoins-shatter-30000000000000-in-volume-during-2024-says-coinbase-ceo-brian-armstrong/?rand=59076
