Coinbase and Circle generated approximately $3.3 billion in combined blockchain-related revenue during the first half of 2026.

Stablecoins

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

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Crypto exchanges

The venues where digital assets trade, from Coinbase and Binance to decentralized protocols, with their listings, licenses, custody and failures.

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