Does Coinbase use liquidity pools?

In the realm of cryptocurrency finance, liquidity pools are a crucial aspect that often determines the efficiency and fluidity of trading. Given Coinbase's status as a leading cryptocurrency exchange, it begs the question: does Coinbase utilize liquidity pools to facilitate its trading operations? Liquidity pools are essentially reservoirs of funds that enable buy and sell orders to be matched without the need for a traditional counterparty. Does Coinbase leverage this mechanism to provide its users with swift and reliable trading services? Understanding Coinbase's approach to liquidity pools could provide valuable insights into the exchange's trading infrastructure and its ability to handle high volumes of transactions.