I don't think $1B is the transaction amount.
In the last 24 hours, trade volume on GDAX(Coinbase's exchange) for Bitcoin alone was $247 million.[1]
Their trade fees are around 0.25%[2] so in the last 24hr they made over $60M in Bitcoin trading alone.
[1] https://coinmarketcap.com/exchanges/gdax/ [2] https://support.gdax.com/customer/en/portal/articles/2425097...