Crypto Firms Expand Into Stablecoins and Prediction Markets, but Profits Remain Elusive

Major crypto companies including Coinbase, Robinhood, and Circle are branching out into stablecoins, payments, and prediction markets. Their latest earnings reports, however, reveal the difficulty of insulating revenue from the industry's familiar boom-and-bust swings. The article suggests that finding new growth avenues has not automatically translated into reliable income. Companies remain exposed to the volatility that has long defined crypto markets. The piece frames the expansion as promising but financially uncertain.