TechFlow news: According to Artemis data on May 24, the USDC holdings on the Coinbase platform have surged to a record high of $19 billion, accounting for 25.3% of the total USDC supply. This share has experienced explosive growth over the past three years, rising from less than 5% at the beginning of 2023. As the platform earns interest income from USDC reserves, the continued expansion of its USDC holdings will further strengthen Coinbase’s financial reporting revenue.
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