Bitcoin News Today: Coinbase Q2 Revenue Drops 26% Amid Crypto Market Downturn, Stablecoin Growth Bright Spot
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最新报道：Coinbase reported a 26% drop in Q2 revenue to $707.9 million due to the crypto market downturn, missing analyst estimates of $631 million. Despite the decline, the exchange saw a bright spot with stablecoin revenue growing 15% to $172 million, driven by higher interest income from USDC reserves. Trading volume fell 13% to $92 billion, while institutional trading dropped 54% to $78 billion. The company remains optimistic about long-term crypto adoption, citing regulatory clarity progress and its ongoing legal battle with the SEC over securities classification.
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