My dears, I will remain invested here too.
Investing.com - KeyBanc Capital Markets has identified Coinbase (NASDAQ:COIN) as the company best positioned to capitalize on the growing adoption of stablecoins. This is according to a new study published on Thursday. The analysis is part of a broader examination of the digital payments space, where established players such as Visa have a significant market presence with a market capitalization of $670 billion.
Analyst Alex Markgraff noted that Coinbase is "best positioned in our coverage to capture the rising demand for stablecoins," highlighting the company's trading agreement with Circle, which offers "hard-to-replicate economics in the digital asset ecosystem."
The research also evaluated several financial technology and payments companies, including Fidelity National Information Services (NYSE:FIS) , which offers stablecoin connectivity to financial institutions, and PayPal (NASDAQ:PYPL) , which has "option value as a stablecoin issuer" with its PYUSD offering.
Card networks Visa (NYSE:V) and Mastercard (NYSE:MA) have been described as "leading infrastructure providers" in the stablecoin ecosystem, enabling stablecoin issuance, stablecoin-linked card products and settlement capabilities. Visa stands out in particular for its impressive metrics, including a gross profit margin of 98% and revenue growth of 11%. According to an analysis by InvestingPro , which rates Visa's overall financial health as "OUTSTANDING", the company has paid dividends for 18 consecutive years and has recently recorded dividend growth of 13%.
