Coinbase Reports $433M Profit Thanks to Stablecoin Growth - Best Wallet Token Crosses $16.7M
Quick Facts: 1️⃣ Coinbase's Q3 net income hits $433M with $1.8B in revenue. 2️⃣ Stablecoin income climbed to $355M, with a record average $USDC balances across products reaching $15B. 3️⃣ Coinbase continues to grow thanks to its $2.9B Deribit acquisition and multiple bank partnerships. 4️⃣ $BEST stands out as a token fueling a retail-ready economy. [...]