[Coinbase CEO: Platform Handles Nearly $1 Trillion in Stablecoin Flows Annually] According to The Defiant, Coinbase CEO Brian Armstrong disclosed three key figures, including Coinbase handling $1 trillion in stablecoin flows annually, holding $20 billion in USDC on the platform, and processing over 160 million proxy payments through the x402 proxy payment protocol in the past year. The $1 trillion annual stablecoin flow refers to transfers conducted via Coinbase's payment infrastructure, which is distinct from the exchange's trading volume. Additionally, Coinbase's Head of Infrastructure Products, Alec Lovett, revealed that the blockchain Base has processed $19 trillion in stablecoin transaction volume so far this year.