According to the source, Coinbase launched a business platform for small and midsize firms that enables crypto payments, offers stablecoin yields, and connects to accounting software (source: Coinbase). For traders, expanded merchant services can support Coinbase’s subscription and services revenue, a major contributor alongside transaction revenue that includes items like interest income and custodial fees (source: Coinbase Q2 2024 Shareholder Letter). Broader crypto payment acceptance can also lift on-chain activity and settlement flows that historically correlate with Coinbase’s transaction revenue (source: Coinbase 2023 Form 10-K). Near term, watch COIN for potential re-rating as recurring revenue mix grows and track company-reported stablecoin-related assets and interest income as proxies for yield adoption (source: Coinbase Q2 2024 Shareholder Letter).