Coinbase's USDC Windfall Is Safe for Now
Coinbase (NASDAQ: COIN) faced a number of questions over the weekend as the USDC stablecoin ran into questions about its deposits in U.S. banks. This is a business that generates hundreds of millions of dollars in revenue for Coinbase, so it's a big earnings driver. Travis Hoium dives into what happened and how to think about Coinbase's cash cow right now.
*Stock prices used were end-of-day prices of March 15, 2023. The video was published on March 16, 2023.
Source Fool.com
