The Defiant reports that Coinbase's average USDC in products reached a record $22 billion in Q3. The company reported an adjusted net income of $77.7 million, a significant decrease from the $719 million reported previously. This performance indicates a strong response to the current crypto market conditions, despite the drop in net income.
AI-assisted source briefing. Based on the The Defiant RSS report; not independently verified.
Source published: Thu, 29 Oct 2026 20:46:26 GMT
[Read the original report](https://thedefiant.io/news/cefi/coinbase-beats-q3-transaction-revenue-estimates-as-crypto-gains-lift-profit)
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