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Stablecoins Are the Key to Coinbase's Future


Stablecoins provide hundreds of millions of dollars in revenue to (NASDAQ: COIN) 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.

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Source Fool.com

Coinbase Global Inc. Stock

€223.80
4.660%
Coinbase Global Inc. dominated the market today, gaining €9.95 (4.660%).
Currently there is a rather positive sentiment for Coinbase Global Inc. with 31 Buy predictions and 16 Sell predictions.
On the other hand, the target price of 161 € is below the current price of 223.8 € for Coinbase Global Inc., so the potential is actually -28.06%.
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