Crypto platform Coinbase has rebranded its Wallet app as Base, consolidating payments, trading, chat, and social features into a single, blockchain-based ‘superapp’.
Running on Coinbase’s Base public blockchain network, the app aims to help the cryptocurrency giant expand its user base and replicate the success of popular Chinese superapps like WeChat.
Base includes a one-click checkout feature that allows users to make payments using the USDC stablecoin. Coinbase unveiled the stablecoin payments stack in June, which is already live with Shopify.
Additionally, the app offers crypto trading functionality, chat features, a social feed, support for mini apps ranging from games to prediction markets, and its own identity verification system called Base Account, enabling users to log into other apps with their credentials.