Coinbase Global Inc (COIN)’s Stablecoin Revenue Could Grow Sevenfold

Coinbase Global, Inc. (NASDAQ:COIN) is among the best NFT stocks to invest in according to analysts. Coinbase Global, Inc. (NASDAQ:COIN) recently helped settle insurance premium payments with stablecoins for Aon PLC (AON), according to a March 9 press release. The transaction used stablecoins such as USDC on Ethereum and PayPal USD on Solana. It marked the first time AON used stablecoins to settle premium payments with its major global brokers.

Coinbase Global Inc (COIN)’s Stablecoin Revenue Could Grow Sevenfold

According to Bloomberg Intelligence estimates, Coinbase’s stablecoin revenue could increase sevenfold under the Genius Act. The stablecoin business contributed 19% of Coinbase’s total revenue in 2025.

In other news, Cantor Fitzgerald reiterated an Overweight rating on Coinbase with a price target of $221 on March 6. According to the equity research firm, the efforts to build Coinbase into an Exchange of Everything are accelerating. It cited the addition of functions such as spot trading and futures, options, and prediction markets. Notably, Cantor renewed its bullish outlook for Coinbase after its analysts attended an overview of the company’s derivative business hosted by company executives.

Coinbase Global, Inc. (NASDAQ:COIN) is an American cryptocurrency exchange operator with more than 100 million users. It’s also the world’s largest bitcoin custodian. Coinbase also operates an NFT marketplace, allowing users to buy, sell, and mint a variety of non-fungible tokens.

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