Coinbase has rebranded its Coinbase Wallet as the Base App, launching a comprehensive all-in-one platform that integrates trading, payments, social networking, messaging, and mini-apps. The Base App is built on Coinbase's BaseChain, a layer-2 blockchain solution, enabling near-instant USDC stablecoin payments and faster transaction speeds. This strategic move positions the Base App as a multifunctional onchain hub where users can post content, earn rewards, trade assets, chat, and connect within the Base ecosystem. The platform incorporates social features powered by Farcaster, messaging through XMTP, and AI tools to enhance user experience. Coinbase aims to transition from a single-purpose wallet to a versatile consumer-focused application, effectively creating a crypto “everything app” that extends beyond traditional trading functionalities.
Developing countries "leapfrog, in some cases, over traditional banks into crypto because it's more suited to their needs," Coinbase chief security officer @SecurityGuyPhil says. More Warrior Money: https://t.co/GV3r4QDMA4 https://t.co/KOsmA2vdLH
We're starting to see the magic of what happens when you combine AI + crypto + secure chat on @baseapp with XMTP. With @flaunchgg, people can launch tokens right from the group chat, split token allocation across members, and let people earn on txn fees...all with a few simple https://t.co/FBbdlDifQQ
A crazy thought, but… what if Coinbase $COIN buys TIDAL from Block $XYZ and replatforms it on @base? TIDAL is probably worth more to @baseapp than to Block. https://t.co/IuxL5IPoto