Coinbase Adds 0.1% Fee on USDC to USD Conversions Over $5M

Coinbase Adds 0.1% Fee on USDC to USD Conversions Over $5M

Coinbase will introduce a 0.1% fee on net USDC-to-USD conversions exceeding $5 million within a rolling 30-day period, starting August 13, 2025. The fee will be applied to net conversions, calculated by subtracting USDC purchases from USDC sales. The move follows two consecutive quarters of earnings disappointments. In Q2 2025, Coinbase reported $1.5 billion in revenue, falling short of analyst estimates of $1.56–$1.59 billion. Its share pric...

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