Coinbase has announced a strong Q3 performance, exceeding market expectations with a revenue of $1.87 billion. This figure represents a 26% increase compared to the previous quarter, surpassing the anticipated $1.78 billion, according to Decrypt. The exchange's net profit for the quarter reached $430 million, bolstered by a substantial $350 million in stablecoin revenue. This indicates a growing reliance on stablecoin transactions within the Coinbase ecosystem. Furthermore, Coinbase strategically increased its Bitcoin holdings by 2772 BTC during Q3. This move could be seen as a reflection of Coinbase's bullish outlook on Bitcoin's long-term value and its commitment to the cryptocurrency market. This impressive Q3 signals positive momentum for Coinbase amid evolving regulatory landscape. ```