Base Stack Upticks Record Stablecoin Volume and More
KuCoin recently released its weekly recap of events on Base. The report highlights several key developments, including @base's progress after migrating to Base Stack. This includes upgrades for Azul and Beryl, as well as an upcoming Cobalt upgrade in September.
@coinbase announced the launch of US500, a new equity index-style futures product that offers long or short exposure to the 500 largest US companies. The company also launched WTI and Brent crude oil perpetual futures for non-US traders, providing 24/7 trading and USDC settlement options.
The report also notes that @base has surpassed its previous record of $17.5 trillion in stablecoin volume for the year to date, reaching $26.1 trillion as of 2026. Additionally, @coinbase is accelerating its Everything Exchange rollout in the UK, allowing users to trade US stocks and crypto within a single zero-commission app.
@base has also confirmed support for over 30 teams building on the network while keeping the Ecosystem Fund application open. Furthermore, @baseapp has integrated Monad into the wallet, enabling users to natively send, swap, and explore its ecosystem tokens.