Coinbase Stock Sees Significant Gain Following Launch of US Stock Trading

Coinbase's stock experienced a substantial gain on Wednesday after the launch of its U.S. stock trading feature, allowing users to buy and sell stocks alongside their cryptocurrency holdings.

The company partnered with Yahoo Finance to streamline research-to-trading, enabling users to move directly from research on Yahoo Finance into a trade on Coinbase in one click.

This development is seen as a key step towards Coinbase's goal of becoming an 'Everything Exchange,' where users can trade both crypto and traditional equities on a single platform.

The stock's surge was also attributed to the improvement in the 'Coinbase Premium,' which turned positive, indicating increased U.S. buyer demand for Bitcoin.

In addition to the launch of US stock trading, Coinbase's stablecoin revenue reached $1.35 billion in 2025, a 48% increase from the previous year. This revenue stream is expected to continue growing due to the GENIUS Act, which establishes a federal framework for stablecoin issuance and oversight.

Bloomberg analysts estimate that USDC-related revenue could grow between two and seven times its current level under favorable conditions, with the potential upper end of this range dependent on the continuation of customer rewards programs for holding USDC.