Coinbase quarterly trading volume hits new high of $202 billion, market share at 8.6%

Techub News, according to Cointelegraph, Coinbase reported quarterly trading volume of $202 billion and a market share increase to 8.6%, both setting new all-time highs. The platform stated that it is shifting its strategic focus to the Base network, USDC stablecoin, and on-chain payment services. The data shows its significant position in the global cryptocurrency trading market. As a publicly traded company in the United States, Coinbase is regulated by the SEC. This business adjustment reflects the exchange's expansion from traditional trading services to on-chain infrastructure and payment sectors, aiming to diversify its revenue sources.