Coinbase beats Circle on Q1 USDC revenue, plans nano futures for SOL and XRP

Coinbase pulled ahead of Circle in Q1 earnings from the very product they built together; USDC. According to JPMorgan, the crypto exchange earned $300 million in distribution payments tied to USDC in the first quarter of 2025. That’s more than Circle’s total net revenue, which stood at $230 million over the same period. Coinbase also […] source: https://www.cryptopolitan.com/coinbase-beats-circle-on-q1-usdc-revenue/