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According to a note in Circle's pre-IPO S-1 filing, the company leverages Coinbase's ecosystem to help distribute USDC. In return for Coinbase's distribution network, Circle pays it a fee.
As awareness of Circle’s story grows, investors are beginning to see how Coinbase could benefit from opportunites in the stablecoin space.
Crypto on The Street on MSN14d
Senior analyst says Coinbase is a clear winner over Circle
Coinbase is becoming a better investment than Circle after the stablecoin issuer's highly anticipated but contentious public ...
Circle is the issuer of USDC, which holds a dominant market position in regulated stablecoins. Click here to read an analysis ...
Circle Internet Group is one of the year’s hottest IPOs. But Goldman and JPMorgan are skeptical that the stock can climb ...
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