Coinbase and PayPal are both key players in the crypto payments space, each with unique strengths.
From Nasdaq
June 25, 2025 10:44:00 AM:
Retail access to cryptocurrencies is improving, with fintech firms and exchanges integrating wallets and trading capabilities. Stablecoins are bridging traditional finance and crypto, offering users more services. Coinbase and PayPal are key players in this space, with Coinbase benefiting from US market dominance and PayPal focusing on stablecoin growth and partnerships.
Coinbase saw revenue growth in 2024, driven by transaction revenues and market share expansion. The company prioritizes real-world adoption and has a strong financial position with $9.3 billion in resources. However, rising expenses and crypto volatility pose challenges to profitability. PayPal, on the other hand, leverages its established payment network to offer a user-friendly crypto gateway.
The Zacks Consensus Estimate projects a 5.9% revenue increase for COIN in 2025 but a 61.1% EPS decline. PYPL is estimated to see a 3.2% revenue increase and a 9.3% EPS rise. COIN and PYPL have different forward earnings multiples, with COIN trading at 59.67 and PYPL at 13.75. COIN shares have gained 38.9% YTD, while PYPL shares have lost 13.8%.
As Coinbase and PayPal drive stablecoin adoption and crypto payments, a competitive scenario emerges. Coinbase’s Coinbase Payments platform and PayPal’s PYUSD stablecoin aim for seamless integration. While both companies hold a Zacks Rank #3, COIN appears to be a safer investment option. PayPal’s strategic partnerships and user-friendly approach give it a competitive edge in the stablecoin arena.
Sources: Nasdaq, Zacks Investment Research.
Read more at Nasdaq: COIN vs. PYPL: Which Crypto Payments Stock is the Better Option Now?