{"id":164415,"date":"2025-07-29T21:00:46","date_gmt":"2025-07-29T18:00:46","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=164415"},"modified":"2025-07-29T18:35:10","modified_gmt":"2025-07-29T15:35:10","slug":"jpmorgan-coinbase-could-gain-60b-from-usdc-circle-ecosystem","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/jpmorgan-coinbase-could-gain-60b-from-usdc-circle-ecosystem\/","title":{"rendered":"JPMorgan: Coinbase Could Gain $60B From USDC-Circle Ecosystem"},"content":{"rendered":"
According to the bank, Coinbase shareholders could benefit from $55 to $60 billion in total value tied to Circle-related economics\u2014an estimate that may be significantly underestimated by current market sentiment.<\/p>\n
While Coinbase\u2019s 8.5 million Circle shares\u2014valued at $1.6 billion as of July 25\u2014represent a major equity stake, JPMorgan argues that the bigger opportunity lies in USDC-linked revenue streams. These income sources are not only consistent but highly profitable.<\/p>\n
In Q1 2025 alone, Coinbase earned $300 million in distribution payments from Circle, a figure that exceeds Circle\u2019s own quarterly net revenue of $230 million. This stark contrast highlights how the partnership disproportionately benefits Coinbase through mechanisms like shared reserves and platform distribution.<\/p>