Wu Shuo learned that, according to Artemis data, Coinbase's USDC holdings have risen to a record high of $19 billion, accounting for 25.3% of the total USDC supply. Compared to less than 5% at the beginning of 2023, this share has experienced a leap over three years. Since the platform can earn interest income from USDC reserves, the continued growth in holdings will further enhance Coinbase's financial reporting revenue capacity.

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