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Coinbase Crushes S&P 500 With Stellar 43% June Surge as Stablecoin Dominance Expands
Coinbase Crushes S&P 500 With Stellar 43% June Surge as Stablecoin Dominance Expands
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Wall Street's old guard got a crypto wake-up call this June.
Coinbase stock skyrocketed 43% in a single month—leaving the S&P 500 eating dust as stablecoins steal the financial spotlight. The exchange's rally coincides with institutional players finally realizing what retail traders knew years ago: dollar-pegged tokens are eating traditional finance's lunch.
While legacy banks fiddle with 'blockchain pilots,' Coinbase just schooled them in actual adoption. The irony? This surge happened while SEC chair Gary Gensler was probably drafting another warning letter about 'unregistered securities.'
Crypto's proving it doesn't need Wall Street's permission to win—just its customers.
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