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3d ago

Coinbase Launches Base App to Unify Trading, Payments and Social Features

Built on Base’s Ethereum layer, Coinbase’s new wallet features social networking alongside mini-apps in a sub-second, low-cost blockchain environment to attract nontrading users.

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View of Coinbase Base app

Overview

  • The Base App merges Coinbase Wallet with built-in exchange, USDC payments, messaging and developer mini-apps on the Ethereum-based Base network.
  • Base Pay provides express USDC checkout with cashback incentives while Base Account streamlines user onboarding through blockchain-based identity verification.
  • Sub-second settlement times and low transaction fees on Base aim to support high-frequency trades and micropayments across the app.
  • Integrated AI agents handle everything from transaction requests to content suggestions within encrypted group chats.
  • Coinbase is funding creator rewards and waiving USDC fees in chat transfers to drive engagement and challenge Tether’s dominance in the stablecoin market.