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A Deep Dive Into Coinbase's Earnings Beat | Alyssa Choo

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Coinbase's Revenue Streams and Regulatory Challenges

This chapter explores Coinbase's revenue streams, focusing on USDC and blockchain rewards like staking, detailing how Coinbase earns from USDC and its leadership in staking. It also discusses the move towards decentralized finance, challenges in staking infrastructure, regulatory obstacles like the SEC's actions against Kraken, and Coinbase's Base platform on optimism. The conversation touches on Coinbase's potential as a bridge in the crypto ecosystem, its strategic shift towards infrastructure ownership, slow platform adoption, custodianship for Bitcoin spot ETFs, and the impact of new FASB accounting standards on its business.

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