Coinbase USDC Revenues Hit 19% Record in 2025

Coinbase USDC Revenues Shine with Bloomberg Forecasts

Bloomberg Intelligence noted that Coinbase’s stablecoin revenue from USDC revenue sharing with Circle accounted for 19% of total turnover in 2025. It was emphasized that if USDC usage in payments accelerates, this share could increase 2 to 7 times. Coinbase recorded $1.35 billion in stablecoin revenue in 2025; up from $911 million in 2024 and reaching $364 million in Q4. Stablecoin trading volume hit a record $33 trillion, with USDC leading at $18.3 trillion volume; Tether USDT leads in market cap.

Coinbase revenue 2025. Source: SEC 8-K filing

GENIUS Act and CLARITY Regulations Impact Coinbase

The GENIUS Act, signed by President Donald Trump in July 2025, prohibited payment stablecoin issuers from paying interest to holders. The banking lobby is defending a provision in the Senate’s CLARITY Act that would block rewards on stablecoin balances for exchanges like Coinbase. Coinbase withdrew its support in January 2025 due to provisions restricting customer rewards. The company shares USDC reserve interest with Circle; CEO Brian Armstrong said the ban would increase company revenue but lose users. The CLARITY Act could become law in April 2026.

Stablecoin Growth and ALT Technical Outlook

The $33 trillion volume supports the altcoin ecosystem. For detailed ALT analysis: Price $0.01 (-2.81%), RSI 30.08 (Oversold), downtrend, Supertrend bearish, EMA 20 $0.0085.

• Supports: S1 $0.0069 (76/100 ⭐ Strong, -4.17%), S2 $0.0039 (50/100 Moderate, -45.83%)
• Resistances: R1 $0.0137 (63/100 ⭐ Strong, +90.28%), R2 $0.0074 (60/100 ⭐ Strong, +2.78%)

ALT futures and spot analysis opportunities should be monitored.