Partnerships & Integrations - Partnered with Google to integrate stablecoin payments into AI agents, utilizing x402 to power the stablecoin rail within Google's Agentic Payments Protocol [1] - Partnered with Moonshot, making USDC the official stablecoin across their products, bringing USDC to over 1 million traders on Solana [2] - American Express launched travel stamp NFTs on Base [4] Product Development & Enhancements - Launched the Mag7 + Crypto Equity Index, the first US future to give exposure to tech stocks and crypto simultaneously [1] - Re-architected the payments flow for USDC on Base, reducing receive latency by 90% (from 20 seconds to approximately 1 second) and send latency by 50% (from 5.5 seconds to approximately 2 seconds) [3] - Expanded the Coinbase Advanced VIP program globally, including the US, offering benefits like lower fees and premium services [2] - Added support for Solana to x402 [4] - Built a Solana โ Base bridge [4] DeFi & Stablecoins - Started rolling out DeFi lending, offering up to 74% APY on USDC [4] - Introduced USDC rewards in Canada, offering 41% uncapped and up to 45% with a Coinbase One membership [4] - Listed two new local stablecoins: AUDD and XSGD [4] Market & Trading - Raised max leverage from 20x to 50x on international perpetual futures [4] - Launched CoinbaseMarkets, a new source for Coinbase listings and market insights [4] Strategic Initiatives - Base began exploring a network token, but has no definitive plans [4] - Welcomed the Holdsensible leadership team to Coinbase [4] - Y Combinator requested onchain startups on Base [3]
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Coinbase ๐ก๏ธยท2025-10-01 18:47