🏦 Coinbase posts $1.45 billion in Q2 revenue as profits decline
While Coinbase more than doubled its second-quarter revenues year-over-year, it registered a slight decline compared to the previous quarter. Coinbase registered consumer transaction revenues of $665 million for Q2, a 29% decline from the $1.07 billion it reported in Q1. The exchange's stablecoin revenue, however, increased to $240.4 million, up from $197.3 million in the previous quarter.
@cryptoupdates0512
While Coinbase more than doubled its second-quarter revenues year-over-year, it registered a slight decline compared to the previous quarter. Coinbase registered consumer transaction revenues of $665 million for Q2, a 29% decline from the $1.07 billion it reported in Q1. The exchange's stablecoin revenue, however, increased to $240.4 million, up from $197.3 million in the previous quarter.
@cryptoupdates0512