
Coinbase has unveiled its new smart wallet, a culmination of two years of development by its top developers. This technology, which underpinned the Prime Web3 Wallet for billion-dollar institutions, is now available to the wider public through an embedded wallet SDK, featuring the first-ever spatial mint. It promises to revolutionize the user experience by allowing easy minting without multiple apps or confusion, a capability tested and praised at ETH Denver. The wallet is designed to seamlessly pull Coinbase funds on-chain and is distributed via integrations with popular wallet SDKs. Account abstraction, a key feature of the smart wallet, is seen as vital for bringing mainstream users into crypto by simplifying custody, buying, and trading. The wallet's introduction aligns with broader industry movements towards account abstraction, as evidenced by the Loopring AA wallet's launch and DEXYNTH's partnership with Plena Connect for enhanced user experiences.
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"Coinbase smart wallet is huge. Its account abstraction at its finest. Its a webplug accessible via your coinbase login. It allows you to access your coinbase balance on chain...while keeping it on coinbase when not in use This is VERY important for several reasons. 1) Its base…
