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Coinbase now holds a record $19B in USDC! 📈 That's 25.3% of total USDC supply, the highest share in 3 years. 1 in 4 USDC now sits on Coinbase! 🔹 Q1'23: 4.9% 🔹 Q1'25: 22.2% 🔹 Q1'26: 25.3% ($19B) Coinbase earns yield on USDC reserves held on its platform. The more sits there, the bigger the cut. Data via @artemis

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