v3.26.3
REVENUE - Schedule of revenue disaggregated by source (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Disaggregation of Revenue [Line Items]        
Interest and finance fee income $ 68,560 $ 64,758 $ 202,493 $ 187,160
Total revenue 1,215,582 1,868,693 3,848,632 5,400,196
Net revenue        
Disaggregation of Revenue [Line Items]        
Total revenue 1,160,462 1,762,857 3,654,111 5,096,191
Transaction revenue        
Disaggregation of Revenue [Line Items]        
Revenue 590,224 1,046,260 1,945,205 3,072,738
Consumer, net        
Disaggregation of Revenue [Line Items]        
Revenue 450,112 843,544 1,468,681 2,588,958
Institutional, net        
Disaggregation of Revenue [Line Items]        
Revenue 91,650 135,009 327,449 294,716
Other transaction revenue        
Disaggregation of Revenue [Line Items]        
Revenue 48,462 67,707 149,075 189,064
Subscription and services revenue        
Disaggregation of Revenue [Line Items]        
Revenue 570,238 716,597 1,708,906 2,023,453
Stablecoin revenue        
Disaggregation of Revenue [Line Items]        
Revenue 306,905 324,534 904,487 907,485
Blockchain rewards        
Disaggregation of Revenue [Line Items]        
Revenue 85,738 184,647 269,929 525,774
Other subscription and services revenue        
Disaggregation of Revenue [Line Items]        
Revenue 109,035 142,658 331,997 403,034
Other revenue        
Disaggregation of Revenue [Line Items]        
Total revenue 55,120 105,836 194,521 304,005
Corporate interest and other income        
Disaggregation of Revenue [Line Items]        
Interest and other income $ 55,120 $ 105,836 $ 194,521 $ 304,005