Coinbase stock rises 9.8% after JPMorgan upgrade; reviews USDC program; seeks national trust bank charter — TradingView News

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Key facts: Coinbase stock rises 9.8% after JPMorgan upgrade; reviews USDC program; seeks national trust bank charter — TradingView News










  • Coinbase Global’s stock experienced a 9.8% increase after JPMorgan upgraded its rating from ‘neutral’ to ‘overweight’.1
  • Coinbase Global is reviewing its USDC yield program, potentially restricting interest payouts to Coinbase One subscribers, which could save the company about $374 million each year.2
  • Coinbase Global is seeking a national trust bank charter from the OCC, aligning with other crypto firms like Ripple and Paxos in this effort.3


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