Coinbase Wallet Transforms into ‘Base App,’ Aiming for ‘Everything App’ Dominance
2025-07-17 06:08:21
Main Idea
Coinbase Wallet is rebranding to 'Base App,' aiming to become an 'everything app' by integrating various on-chain services, including payments, messaging, and AI interactions, powered by Coinbase's Ethereum Layer 2 network, Base.
Key Points
1. The Base App is designed to unify on-chain experiences and enhance accessibility, featuring one-tap USDC payments via NFC and encrypted XMTP messaging for chat and transactions with AI agents.
2. Users receive a 'Base Account' upon sign-up, which integrates multiple applications and blockchains, and 'Base Pay' offers a 4.1% APY for holding USDC in wallets.
3. The beta version of the Base App began on July 16 for waitlisted users, with expectations of increased downloads and user engagement due to Coinbase's strong app store performance.
4. The rebranding aligns with the trend of super apps in global markets, aiming to provide a comprehensive suite of tools for users.
5. The article also mentions unrelated crypto news, such as Tether's USDT surpassing $160 billion, a Shiba Inu hack, and Ethereum's price surge, but these are not part of the Base App announcement.
Description
Coinbase has officially launched a significant rebranding and expansion of its popular Coinbase Wallet, now unveiling it as the “Base App.” Positioned as an ambitious “everything app,” this new platform is designed to revolutionize how users interact with the on-chain world, bundling social networking, mini-applications, payments, and trading into a single, seamless experience, all powered … Continue reading "Coinbase Wallet Transforms into ‘Base App,’ Aiming for ‘Everything App’ Dominance" The ...
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