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Coinbase Global, Inc.

COINNasdaqFinance ServicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 6/30129% above fair value
$137.83−5.71 (-3.98%)

Close on Nov 2, 2026Market cap $36.36BP/E –Yield –

Coinbase Global Average USDC Held in Coinbase Products by Quarter

Average USDC Held in Coinbase Products ($M)

Coinbase Global Average USDC Held in Coinbase Products: $22,000M in Q3 2026, up 46.7% from a year earlier. That is the highest of the 14 quarters on record here.

Latest, Q3 2026
22,000
Period ended Sep 30, 2026
Change on a year earlier
+46.7%
15,000 in Q3 2025
History
14 quarters
Since Q2 2023
Sources
2
Documents cited below

Where the Q3 2026 figure comes from

Source: 8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗

Quarterly average USDC balances held across Coinbase retail, Prime, and corporate products ($22B = $22,000M all-time high in Q3 2026), on which Coinbase earns ~100% of reserve interest under its Circle agreement.

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedAverage USDC Held in Coinbase Products ($M)Year on yearSource
Q3 2026Sep 30, 202622,000+46.7%8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗
Q2 2026Jun 30, 202620,000+42.9%8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗
Q1 2026Mar 31, 202619,000+58.3%8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗
Q4 2025Dec 31, 202518,000+125.0%8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗
Q3 2025Sep 30, 202515,000+114.3%8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗
Q2 2025Jun 30, 202514,000+133.3%8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗
Q1 2025Mar 31, 202512,000+200.0%8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗
Q4 2024Dec 31, 20248,000+166.7%8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗
Q3 2024Sep 30, 20247,000+133.3%8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗
Q2 2024Jun 30, 20246,000+200.0%8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗
Q1 2024Mar 31, 20244,000–8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗
Q4 2023Dec 31, 20233,000–8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗
Q3 2023Sep 30, 20233,000–8-K Earnings Presentation Q3 2026 (0001679788-26-000121) ↗
Q2 2023Jun 30, 20232,000–8-K Earnings Presentation Q2 2026 (0001679788-26-000087) ↗

Breakdown

What makes up average USDC Held in Coinbase Products

Cite this data

StockData. (2026). Coinbase Global Average USDC Held in Coinbase Products ($M), quarterly Q2 2023–Q3 2026 [Data set]. Compiled from Coinbase Global SEC filings and investor materials. https://stockdatahq.com/stocks/coin/kpis/usdc-avg-in-coinbase-products

See every metric in the Coinbase Global KPI table. Data updated Oct 31, 2026.