Coinbase to Considerably Profit From $1.6B Switch of MakerDAO’s USDC, Analyst Says

by Jeremy

Lau wrote that the added USDC on Coinbase Prime would assist the corporate acquire property and assist Coinbase’s means to conduct comparable proposals, whereas additionally probably rising the full addressable market of USDC and boosting its income share. Oppenheimer charges Coinbase’s inventory with an outperform and $107 value goal. Shares had been buying and selling round $65.45 apiece in Friday’s session.

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