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Coinbase cites stablecoins, Base as key 2024 priorities after crushing Q4 estimates

Coinbase reported better-than-expected financial results in Q4, with revenue of $953.8 million. The exchange plans to focus on the USDC stablecoin, leverage its newly launched Base blockchain, and continue regulatory work. Total cryptocurrency market capitalization has increased by 14%. Coinbase's trading revenue in Q4 was $529.3 million. The company aims to generate positive adjusted EBITDA and exceed $1 billion in quarterly revenue in 2024.

    #crypto#blockchain#web3#coinbase
Feb 15, 2024•3m read time•From techcrunch.com
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