$COIN after hours drop shows how short-sighted the market is. Beyond the quarterly fluctuations, Coinbase is building the future of onchain finance: - Tokenization platform to bring trillions of RWA onchain - DEX trading integration will bring access to millions of assets directly into the Base App. - Retail crypto-backed loans surpassed $1 billion in open loan collateral, showing growing user appetite for onchain financing tools. - Coinbase Business new platform for startups and small businesses, with 3,700+ businesses joining the waitlist. - USDC payments on Base Chain live in Shopify Payments, with full rollout to all stores planned later this year. - Coinbase One Card lets Coinbase One subscribers earn up to 4% back in bitcoin on every purchase, powered American Express. Plan to begin making the card available to subscribers in H2 2025. - Institutional adoption: J.P. Morgan launched a pilot of its USD-backed deposit token (JPMD) on Base Chain. - Base App on its way to become a "super-app" with redesigned consumer experience that brings wallet functionality together with onchain trading, payments, social, messaging, and apps—all in one place.
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