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Coinbase's Base App Goes Multichain: A New Era for On-Chain Commerce

Guavy AI Editorial Team
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Coinbase has revamped its consumer wallet to support multichain access for trading, payments, and mini-apps. The rebranded Base App reduces chain lock-in at the app layer in an effort to grow users and on-chain commerce.

Base currently shows strong usage and a liquidity mix geared towards payments and stablecoin flows, which are highly portable across networks. Its Total Value Locked stands at around $4.65 billion, with over 262,505 active addresses in 24 hours and approximately 11.07 million daily transactions (DeFiLlama).

The high stablecoin share points to payments and commerce as key use cases, favoring an app that abstracts chains and lets users move value wherever the best price or UX lives.

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