In its letter to shareholders, Coinbase stated that in 2026 it will focus its investments on three key priorities: Developing a comprehensive trading platform: Expanding Coinbase into the only trusted platform for customers to trade all types of assets (cryptocurrencies, derivatives, stocks, and prediction markets), helping customers manage more portfolios and deepen engagement. Expanding stablecoins and payments: Accelerating the utility of USDC and the payment technology stack (APIs, wallets, and merchant channels) to make value transfer faster, cheaper, and easier, and seizing the next wave of opportunities. The wave of real-world applications beyond trading. Bringing the world on-chain: Expanding the Base app by increasing DeFi integration within the Coinbase app and focusing more on trading, making the on-chain experience simpler and more accessible. Coinbase's infrastructure continues to drive the growth of the Base platform's activity, so increased usage also depends on Coinbase's infrastructure.