Coinbase Expands Stablecoin Payments, Strong Revenue Outlook

Coinbase Global is considered by many analysts as a notable NFT stock. Recently, the company supported Aon plc in making insurance premium payments using stablecoins, according to a press release on March 9. The transactions used stablecoins such as USD Coin on Ethereum and PayPal USD on Solana. This is the first time Aon has used stablecoins to pay insurance premiums to global brokers.

According to Bloomberg Intelligence estimates, Coinbase’s stablecoin revenue could increase sevenfold if the Genius Law is passed. The stablecoin segment is expected to contribute about 19% of the company’s total revenue in 2025.

In other news, Cantor Fitzgerald continues to maintain an “Overweight” recommendation for Coinbase stock, with a target price of $221 (updated on March 6). The research firm believes Coinbase’s strategy to become a “super exchange” is accelerating, with the addition of products like spot trading, futures, options, and prediction markets. This positive outlook was reinforced after analysts attended an introduction to Coinbase’s derivatives division organized by the company’s leadership.

Coinbase is currently one of the largest crypto trading platforms in the U.S., serving over 100 million users worldwide and being the largest Bitcoin custodian globally. The company also operates an NFT marketplace, allowing users to buy, sell, and mint various digital assets.

However, Coinbase’s Q4 2025 financial results were disappointing. The company reported a loss of $2.49 per share, compared to Wall Street’s expected profit of $0.55. Revenue declined 22% year-over-year to $1.78 billion, mainly due to a weakening crypto market and decreased trading volume.

Following this report, Needham & Company maintained a “Buy” recommendation but lowered the stock’s target price from $290 to $230. Negative factors include a sluggish crypto market, risks from the Clarity Law, and spending plans amid challenging conditions. Nonetheless, Needham appreciates Coinbase’s efforts to diversify revenue, develop prediction markets, and implement share buyback programs.

Additionally, growth in derivatives and international markets is seen as a positive driver, along with the potential to expand into real-world asset tokenization (RWA).

While Coinbase remains an attractive investment option, some experts believe that AI stocks currently have higher growth potential and lower short-term downside risks.