In 2025, under the backdrop of the Trump administration promoting crypto-friendly policies, Coinbase welcomes significant development opportunities. After the U.S. SEC concluded its two-year investigation into the platform, it accelerated its global compliance layout: launching CFTC-regulated perpetual contract products and entering the derivatives market; breaking the barrier to listing coins through the Base chain DEX, with an ecological TVL reaching $3.92 billion; applying for the EU MiCA license and advancing tokenized stock business, connecting traditional securities with on-chain trading. JPMorgan announced it will pilot the issuance of JPMD tokens on the Base chain, marking mainstream financial institutions' recognition of Coinbase's infrastructure. At the same time, the platform launched the subscription service Coinbase One, integrating USDC yield and payment functions, building a complete crypto economic closed loop from trading to consumption. As an established compliant exchange founded in 2012, Coinbase is building a trust bridge between CeFi and DeFi through institutional innovation.

#SEC #USDC