Coinbase’s Base App Hits the Scene, Combining Crypto and Social Media
2025-07-17 20:10:03
Main Idea
Coinbase has rebranded its Coinbase Wallet to align with its Ethereum Layer 2 Base network, introducing an 'everything app' aimed at expanding economic freedom and innovation through crypto.
Key Points
1. Coinbase Wallet has been rebranded to 'Base' as part of its Ethereum Layer 2 network, announced at the 'A New Day One' conference in Los Angeles.
2. The new Base app features a feed for weekly rewards, mini apps like Remix and Decentralized Pictures, and supports one-tap USDC payments via NFC.
3. Base Pay is now live on Shopify, offering U.S. customers 1% cash back when paying with USDC, though rewards are not available in the EU or Canada.
4. Coinbase CEO Brian Armstrong stated the launch aligns with the company's mission to expand economic freedom through cryptocurrency.
Description
U.S. crypto exchange Coinbase has officially rebranded its Coinbase Wallet to Base app as part of what the company calls a new chapter for its ecosystem. The new app combines crypto, social media, payments, mini-apps, and is powered by its Ethereum Layer 2 Base network. Coinbase’s All-In-One Product In a July 16 blog post, the company revealed the launch of an “everything app” that will enable individuals to create, earn, trade, discover apps, and chat with friends. “Coinbase Wallet is now the B...
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