Coinbase Stablecoin Revenue Seen Jumping Up To 7x Under GENIUS Act Framework

Coinbase could become a major corporate winner from the GENIUS Act, the first broad U.S. crypto law signed in July 2025 that sets federal rules for stablecoin issuance. Bloomberg analysts Paul Gulberg and Samuel Radowitz estimate that Coinbase's USDC-linked revenue, which reached about $1.35 billion in 2025 after rising 48% from $911 million in 2024, might scale by two to seven times if dollar-pegged tokens gain wider use in payments. They also highlight that this interest-based income stream stayed resilient in late 2025, when Coinbase's overall quarterly revenue fell 20% amid a sharp crypto price downturn.