Coinbase's Recurring Revenue Is Going Up

Coinbase is reducing its cash burn to a place where like they're saying they're going to be break even by the end of 2023. The predominant revenue stream on their recurring revenue or other services revenue is basically interest on USDC. In order for the price to go up you probably need yields to go down and their second biggest revenue source likely needs to go down in order for it to work.

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app