Cryptocurrency exchange Coinbase has unveiled plans to list USD1, a stablecoin issued by World Liberty Financial—an entity led by former U.S. President Donald Trump and his sons. The announcement arrives alongside a separate decision to suspend trading for another digital asset, highlighting the platform’s evolving strategy amid a shifting regulatory and political landscape.
Strategic Listings and Suspensions
Coinbase has formally added USD1 to its listing roadmap, marking the initial phase before full trading integration. The exchange emphasized that the stablecoin will only become available once the required technical infrastructure and sufficient market-making support are established. A further announcement will follow once these conditions are met.
Simultaneously, Coinbase has suspended trading for the ERN token, citing issues with a closed migration bridge. This dual approach underscores the exchange’s focus on maintaining technical standards while expanding its offerings to include politically prominent projects.
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Broader Vision and Market Optimism
These developments align with the long-term outlook of CEO Brian Armstrong, who has publicly projected that Bitcoin could reach a price of $1 million by 2030. He attributes this potential growth to improving regulatory clarity and increasing institutional adoption.
Coinbase also anticipates substantial expansion in the stablecoin market, estimating it could grow to a $1.2 trillion valuation by 2028. The inclusion of new stablecoins such as USD1 forms a key part of the company’s strategy to capture a larger share of this emerging segment.
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