Overview
- Applications are now open for the Fintech 3.0 initiative, a coordinated accelerator and funding push to build financial systems on blockchain infrastructure.
- The program prioritizes local-currency stablecoins, tokenization of traditional assets such as stocks and credit, and consumer-facing products including AI financial agents.
- Organizers point to the GENIUS Act’s federal stablecoin framework as a key enabler, with reporting citing roughly $30 billion in market-cap growth since passage.
- Base cites sub-second, sub-cent transactions alongside nearly $15 billion in platform assets and over $4 billion in stablecoin value across its network.
- Recent activity used as proof of traction includes JPMorgan’s USD deposit tokens on Base via Kinexys, Base’s Clanker AI agent generating about $13 million in five months, and a Shopify integration enabling global USDC payments.