Official announcements from Coinbase or partner apps

Coinbase Launches Smart Wallet with Gasless USDC Transactions, Passkeys, and Cross-App Portability

Jun 13, 2024, 05:23 PM

Coinbase has launched a new Smart Wallet that supports gasless USDC transactions on the Base network. This innovation aims to enhance the accessibility and usability of digital wallets by eliminating the need for seed phrases, passwords, and complex onramp procedures. The Smart Wallet allows users to spend Coinbase-custodied funds directly on apps like Moonwell without manual transfers. It also features passkeys and cross-app portability. This development is part of Coinbase's broader mission to increase economic freedom and bring a billion users on-chain.