“We see the potential for institutional investors to hold less USDC given the opportunity cost of holding quasi-cash that doesn’t offer a yield. We also see retail holding less of its fiat at Coinbase since it doesn’t get a yield. As such, we see the potential for USDC balances and fiat balances to decline for Coinbase,” JPMorgan wrote.
Read More: www.coindesk.com
Bitcoin (BTC) $ 97,318.00
Ethereum (ETH) $ 3,597.52
Tether (USDT) $ 1.00
Solana (SOL) $ 244.32
XRP (XRP) $ 1.76
BNB (BNB) $ 653.26
Dogecoin (DOGE) $ 0.426174
USDC (USDC) $ 0.999647
Cardano (ADA) $ 1.06
Lido Staked Ether (STETH) $ 3,596.84
Avalanche (AVAX) $ 44.75
TRON (TRX) $ 0.204948
Toncoin (TON) $ 6.49
Stellar (XLM) $ 0.525576
Shiba Inu (SHIB) $ 0.000026
Wrapped stETH (WSTETH) $ 4,267.21
Wrapped Bitcoin (WBTC) $ 97,131.00
Polkadot (DOT) $ 8.73
Chainlink (LINK) $ 18.25
Bitcoin Cash (BCH) $ 518.40
WETH (WETH) $ 3,597.10
Sui (SUI) $ 3.49
Pepe (PEPE) $ 0.000021
NEAR Protocol (NEAR) $ 7.00
LEO Token (LEO) $ 8.63
Litecoin (LTC) $ 103.29
Uniswap (UNI) $ 12.68
Aptos (APT) $ 13.28
Wrapped eETH (WEETH) $ 3,790.83
Hedera (HBAR) $ 0.178086
Internet Computer (ICP) $ 11.99
USDS (USDS) $ 0.999377
Cronos (CRO) $ 0.190357
Ethereum Classic (ETC) $ 31.84
POL (ex-MATIC) (POL) $ 0.584475
Bittensor (TAO) $ 617.33
Render (RENDER) $ 8.78
Artificial Superintelligence Alliance (FET) $ 1.69
Ethena USDe (USDE) $ 1.00
Kaspa (KAS) $ 0.155261
Algorand (ALGO) $ 0.462966
Arbitrum (ARB) $ 0.932804
Filecoin (FIL) $ 6.09
VeChain (VET) $ 0.044683
Bonk (BONK) $ 0.000047
Celestia (TIA) $ 8.13
Stacks (STX) $ 2.33
Dai (DAI) $ 0.999021
Cosmos Hub (ATOM) $ 8.69
WhiteBIT Coin (WBT) $ 23.54
