Coinbase Show Base App: All-in-One Web3 Wallet with Layer-2 Trading and USDC Payments

Coinbase don rebrand dia mobile Wallet as Base App, one all-in-one Web3 wallet wey dem build for dia Ethereum layer-2 network. Di Base App launch for beta on July 16 for Los Angeles conference, combine trading, asset management plus DeFi protocols with social feeds through Farcaster protocol, encrypted XMTP chat and mini-apps. Users fit do one-tap USDC payments, mint and sell tokenized posts through Zora, earn tips and engagement rewards, see how dem friends dey trade and fit enter DEXs like Uniswap and Aerodrome Finance without comot for platform. Every user get smart Base Account for smooth cross-app transactions, and Base Pay—wey dem join with Shopify—support instant USDC checkout and e go give 1% USDC cashback later dis year. “Sign in with Base” don open for developers before public release. As Coinbase Global (COIN) stock dey test around $400, the Base App rollout fit make Coinbase stronger for market and make more people begin use DeFi.
Bullish
Di Base App launch go likely beta for Coinbase ecosystem as e make Web3 access easy, join DeFi, social and payments for one interface. Short-term, traders fit increase COIN side because dem dey expect more platform usage and fees, meanwhile more USDC transactions fit boost on-chain volume. Long term, smooth UX and developer APIs like “Sign in with Base” fit help steady user growth and DeFi adoption, make network effects and revenue streams for Coinbase strong well well.