Oct 10, 2026 3:28 PM

Coinbase is abandoning its roots as a pure crypto exchange, with over 40% of revenue now tied to stablecoin yields and tokenized stocks. Even as the CEO predicts a 450% Bitcoin surge, the company’s revenue fell 9% last year, proving that its S&P 500 status doesn't guarantee growth. Is Coinbase still the vanguard of decentralization, or has it morphed into just another centralized bank profiting off high interest rates and SEC exemptions? What’s your take?
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