Stablecoins provide hundreds of millions of dollars in revenue to Coinbase (COIN 6.54%) each year, and approval for partner Circle to operate in Europe is another step toward being the global standard. In this video, Travis Hoium shows why this is such a big deal for Coinbase.
*Stock prices used were end-of-day prices of July 10, 2024. The video was published on July 11, 2024.