Stablecoin Usage Trends Show Significant Rise
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Should l Buy COIN?
Source: Newsfilter
- Shift in Income Payments: 39% of respondents reported receiving income in stablecoins, including salaries and freelance payments, which has enhanced their ability to conduct international business by 75%.
- Everyday Payment Adoption: 27% of stablecoin holders use them for daily transactions, holding an average of $200 in stablecoins, with 52% of crypto holders making purchases specifically because merchants accepted stablecoins, indicating their potential as everyday currency.
- Increased Demand for Acceptance: 77% of consumers expressed interest in opening stablecoin wallets with their primary fintech or banking providers, highlighting that the demand for stablecoins exceeds current spending opportunities, with 42% wanting to use them for major purchases.
- Regional Adoption Disparities: In emerging markets like South America, Asia, and Africa, 60% of crypto natives hold stablecoins, underscoring their importance as tools for stability and financial inclusion, driving mainstream adoption globally.
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Analyst Views on COIN
Wall Street analysts forecast COIN stock price to rise
25 Analyst Rating
17 Buy
7 Hold
1 Sell
Moderate Buy
Current: 141.090
Low
230.00
Averages
361.63
High
440.00
Current: 141.090
Low
230.00
Averages
361.63
High
440.00
About COIN
Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides a platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers their primary financial account for the cryptoeconomy; institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. Its platform helps people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and global transfers. It offers products and services to various customer groups: individuals, businesses, institutions, and developers. Its transaction products consist of consumer trading, prime Trading, markets, base protocol and Coinbase wallet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Stablecoin Usage Trends Show Significant Rise
- Shift in Income Payments: 39% of respondents reported receiving income in stablecoins, including salaries and freelance payments, which has enhanced their ability to conduct international business by 75%.
- Everyday Payment Adoption: 27% of stablecoin holders use them for daily transactions, holding an average of $200 in stablecoins, with 52% of crypto holders making purchases specifically because merchants accepted stablecoins, indicating their potential as everyday currency.
- Increased Demand for Acceptance: 77% of consumers expressed interest in opening stablecoin wallets with their primary fintech or banking providers, highlighting that the demand for stablecoins exceeds current spending opportunities, with 42% wanting to use them for major purchases.
- Regional Adoption Disparities: In emerging markets like South America, Asia, and Africa, 60% of crypto natives hold stablecoins, underscoring their importance as tools for stability and financial inclusion, driving mainstream adoption globally.
See More
Quantum Computing Threatens Bitcoin Investment
- Investor Concerns: Renowned investor Kevin O'Leary stated that fears surrounding quantum computing are causing institutional investors to hesitate in increasing their Bitcoin allocations, which he predicts will remain capped at 3%.
- Allocation Recommendations: BlackRock, the world's largest asset management firm, suggests a Bitcoin allocation of 1% to 2% in multi-asset portfolios, indicating a cautious approach towards quantum computing risks.
- Legislative Outlook: O'Leary anticipates that cryptocurrency market structure legislation will be passed before the midterm elections, potentially providing a clearer regulatory framework for Bitcoin investments.
- Price Dynamics: As of now, Bitcoin is trading at $68,166.08, reflecting a 0.27% decline over the last 24 hours, indicating market reactions to the uncertainties posed by quantum computing.
See More
Cryptocurrency Market Shows Weak Volatility
- Bitcoin Trading Dynamics: Bitcoin reached an intraday high of $70,060 on Monday but fell back to the $68,000 range due to strong resistance, with trading volume decreasing by 17% from the previous day, indicating a lack of market liquidity.
- Ethereum's Weak Performance: Ethereum crept up to $2,000 overnight; however, its trading volume plummeted by 40% over the last 24 hours, reflecting waning investor interest and a decline in its market dominance.
- Market Sentiment Deterioration: The Crypto Fear & Greed Index indicates a prevailing
See More
Coinbase Shares Are Now Independent of Bitcoin's Influence; ARK Invest's Cathie Wood Is Purchasing.
- Stock Performance: Coinbase Global's stock has significantly declined in recent months.
- Market Influence: The drop in stock value is largely attributed to the ongoing Bitcoin selloff.
See More
Crypto Decline Hurts Robinhood and Coinbase Performance
- Crypto Price Decline: Eisman highlighted that the renewed decline in crypto prices is directly impacting the performance of Robinhood and Coinbase, as evidenced by Robinhood's recent misses on earnings, revenue, and net new assets, indicating a heavy reliance on the crypto market.
- Valuation Disparity for Robinhood: Eisman emphasized the stark valuation disparity between Robinhood and its established competitors, suggesting that the company has little room for error, and any missteps could severely affect its future growth prospects.
- Coinbase Faces Similar Challenges: Coinbase reported a 22% year-over-year revenue decline and also missed earnings per share expectations, with Eisman warning that as long as crypto prices continue to fall, Coinbase's stock price will remain under pressure, reflecting its close ties to the crypto market.
- Cautious Market Outlook: Eisman's commentary suggests a cautious outlook for companies closely linked to retail speculation and the highly cyclical crypto market, especially as Bitcoin has plunged over 45% from its record high, leading to significant declines in the stock prices of both Robinhood and Coinbase.
See More
Coinbase Users Show Resilience Amid Market Downturn
- User Buying Trends: Coinbase CEO Brian Armstrong noted that retail users displayed strong resilience during the market downturn, consistently purchasing Bitcoin and Ethereum during dips, indicating a firm confidence in crypto assets among customers.
- Holding Analysis: Armstrong emphasized that the majority of customers had native balances of Bitcoin and Ethereum in February equal to or greater than their December holdings, demonstrating a stable investment strategy amidst market volatility.
- Market Indicator Insights: Google search interest for Bitcoin reached a five-month high in February, reflecting increased market attention, while Binance retail traders showed strong Bitcoin optimism in derivatives, with a Long/Short ratio of 1.90.
- Financial Performance Overview: Coinbase's fourth-quarter revenue for 2025 hit $1.78 billion, missing analyst estimates, but EPS came in strong at $0.66, beating forecasts, with full-year revenue reaching $7.2 billion, a 9% increase from last year.
See More
Stablecoin Usage Trends Show Significant Rise
- Shift in Income Payments: 39% of respondents reported receiving income in stablecoins, including salaries and freelance payments, which has enhanced their ability to conduct international business by 75%.
- Everyday Payment Adoption: 27% of stablecoin holders use them for daily transactions, holding an average of $200 in stablecoins, with 52% of crypto holders making purchases specifically because merchants accepted stablecoins, indicating their potential as everyday currency.
- Increased Demand for Acceptance: 77% of consumers expressed interest in opening stablecoin wallets with their primary fintech or banking providers, highlighting that the demand for stablecoins exceeds current spending opportunities, with 42% wanting to use them for major purchases.
- Regional Adoption Disparities: In emerging markets like South America, Asia, and Africa, 60% of crypto natives hold stablecoins, underscoring their importance as tools for stability and financial inclusion, driving mainstream adoption globally.
See More
Quantum Computing Threatens Bitcoin Investment
- Investor Concerns: Renowned investor Kevin O'Leary stated that fears surrounding quantum computing are causing institutional investors to hesitate in increasing their Bitcoin allocations, which he predicts will remain capped at 3%.
- Allocation Recommendations: BlackRock, the world's largest asset management firm, suggests a Bitcoin allocation of 1% to 2% in multi-asset portfolios, indicating a cautious approach towards quantum computing risks.
- Legislative Outlook: O'Leary anticipates that cryptocurrency market structure legislation will be passed before the midterm elections, potentially providing a clearer regulatory framework for Bitcoin investments.
- Price Dynamics: As of now, Bitcoin is trading at $68,166.08, reflecting a 0.27% decline over the last 24 hours, indicating market reactions to the uncertainties posed by quantum computing.
See More
Cryptocurrency Market Shows Weak Volatility
- Bitcoin Trading Dynamics: Bitcoin reached an intraday high of $70,060 on Monday but fell back to the $68,000 range due to strong resistance, with trading volume decreasing by 17% from the previous day, indicating a lack of market liquidity.
- Ethereum's Weak Performance: Ethereum crept up to $2,000 overnight; however, its trading volume plummeted by 40% over the last 24 hours, reflecting waning investor interest and a decline in its market dominance.
- Market Sentiment Deterioration: The Crypto Fear & Greed Index indicates a prevailing
See More
Coinbase Shares Are Now Independent of Bitcoin's Influence; ARK Invest's Cathie Wood Is Purchasing.
- Stock Performance: Coinbase Global's stock has significantly declined in recent months.
- Market Influence: The drop in stock value is largely attributed to the ongoing Bitcoin selloff.
See More
Crypto Decline Hurts Robinhood and Coinbase Performance
- Crypto Price Decline: Eisman highlighted that the renewed decline in crypto prices is directly impacting the performance of Robinhood and Coinbase, as evidenced by Robinhood's recent misses on earnings, revenue, and net new assets, indicating a heavy reliance on the crypto market.
- Valuation Disparity for Robinhood: Eisman emphasized the stark valuation disparity between Robinhood and its established competitors, suggesting that the company has little room for error, and any missteps could severely affect its future growth prospects.
- Coinbase Faces Similar Challenges: Coinbase reported a 22% year-over-year revenue decline and also missed earnings per share expectations, with Eisman warning that as long as crypto prices continue to fall, Coinbase's stock price will remain under pressure, reflecting its close ties to the crypto market.
- Cautious Market Outlook: Eisman's commentary suggests a cautious outlook for companies closely linked to retail speculation and the highly cyclical crypto market, especially as Bitcoin has plunged over 45% from its record high, leading to significant declines in the stock prices of both Robinhood and Coinbase.
See More
Coinbase Users Show Resilience Amid Market Downturn
- User Buying Trends: Coinbase CEO Brian Armstrong noted that retail users displayed strong resilience during the market downturn, consistently purchasing Bitcoin and Ethereum during dips, indicating a firm confidence in crypto assets among customers.
- Holding Analysis: Armstrong emphasized that the majority of customers had native balances of Bitcoin and Ethereum in February equal to or greater than their December holdings, demonstrating a stable investment strategy amidst market volatility.
- Market Indicator Insights: Google search interest for Bitcoin reached a five-month high in February, reflecting increased market attention, while Binance retail traders showed strong Bitcoin optimism in derivatives, with a Long/Short ratio of 1.90.
- Financial Performance Overview: Coinbase's fourth-quarter revenue for 2025 hit $1.78 billion, missing analyst estimates, but EPS came in strong at $0.66, beating forecasts, with full-year revenue reaching $7.2 billion, a 9% increase from last year.
See More
