Coinbase Introduces Message-Based Crypto Payments

The new feature, aimed at broadening crypto adoption, allows users to send funds via messaging apps and social media platforms.

Coinbase has updated its decentralized wallet to include a feature that allows users to send money to each other through messaging apps, aiming to broaden the adoption of cryptocurrencies.
The new feature lets customers send links to other Coinbase wallet owners in 170 countries through apps like iMessage, WhatsApp, Telegram and social media platforms such as Facebook, Instagram, Snapchat, TikTok or simply email.
The enhancement shifts user focus from cryptocurrencies mainly as investment vehicles to their use as a method of payment, potentially expanding crypto adoption across a wider population.
If the funds sent via this feature remain unclaimed after a period of two weeks, they will be automatically sent back to the original sender.
This development comes as many other companies, specifically big players in the traditional financial world, are pushing to gain exposure to the crypto ecosystem.