Coinbase Poised to Cash In on Stablecoin Surge—Benchmark Upgrades to ‘Buy’

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2025-04-23 17:50:40

Benchmark Says Coinbase to ‘Benefit’ from Stablecoin Boom, Initiates at ‘Buy’

Wall Street’s latest crypto crush? Benchmark analysts bet big on Coinbase as stablecoins go mainstream—because nothing says ’financial innovation’ like digital dollars propped up by the same old speculative frenzy. Key takeaways: Exchange stands to rake in fee revenue from USD-pegged token mania, analysts cite ’structural advantage’ in custody services, and yes, someone actually used the phrase ’stablecoin boom’ with a straight face. Just don’t ask what backs those stablecoins when the music stops.

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