Coinbase launches CDP Wallets, giving developers complete control with zero key management
PANews reported on May 29 that, according to The Block, Coinbase released CDP Wallets, allowing developers to create programmable wallets that do not require custody of private keys through APIs. CDP Wallets leverages the Trusted Execution Environment (TEE) in AWS Nitro Enclaves to handle sensitive operations, ensuring that private keys are never exposed, not even by Coinbase itself. The wallet supports EVM Chain, Solana, and EIP-712 structured message signatures, and is suitable for scenarios such as DeFi bots, on-chain AI, payments, and corporate vaults. U.S. developers can earn 4.1% annualized USDC rewards for holding balances, without staking or lock-up.