How much can USDC help Coinbase earn? Is it too late to short Circle now to go long Coinbase?

Coinbase's USDC revenue accounts for only 15% and faces triple competitive pressure (Bitcoin ETF diversion users, DEX monopolizes Meme currency trading, and Robinhood erodes 76% of its retail share), resulting in a decline in its core exchange business revenue (the commission rate drops from 2.5% to 1.4%). Although Base chains and derivatives provide new revenue, the overall model is structurally squeezed, market valuations may be overvalued, and investments should be cautious. #Coinbase #Circle #USDC #Bitcoin ETF #DEX #Robinhood #Stablecoin #Memecoin #Base Chain #Competition risk You can enjoy the following benefits by becoming a member of this channel: https://www.youtube.com/channel/UCO5ER7iDBK62VMbbFQRkBZg/join Welcome to "Coin Emperor BD"! Here is your "no threshold" class for understanding virtual currencies, blockchain, Bitcoin, Dogecoin, and even WB3.0. We are not telling you how to "mine" and make money, but we will take you deep into the real "minerals" behind virtual currencies - how technology, trends, markets, and even policies affect your wallet! From the birth of Bitcoin to the "earthy" emoticon culture of Dogecoin, we bring all these "virtual things" to you, and they are easy to understand without losing depth - allowing you to understand the truth in the currency circle in seconds. #btc #Bitcoin #Virtual Currency #Investment Analysis #Cryptocurrency