The post Coinbase Revenue To Increase Massively As Interests Rates Surge appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Earlier this week, JPMorgan analyst Ken Worthington wrote a client note saying that crypto exchange Coinbase Global (COIN) may manage to generate $1.2 billion of additional interest income-driven revenue in 2023 given the increased short-term interest rates. As per estimates, Coinbase’s joint venture with USDC issuer Circle could be contributing approximately $700 million of incremental …
