A quick update on Base, decentralization, and Coinbase Wallet.
First of all, Base is growing. Our focus on trading, financing, and payments in 2026 is paying off.
Base is leading onchain spot trading for BTC and ETH. DeFi TVL is at an all-time high of $5.7B. And Base is the #1 chain for stablecoin transfers.
We’re also making progress toward decentralization. We want Base to be infrastructure that every company and individual can build on.
Going forward, the name Base will represent the chain and its ecosystem. The name Coinbase Wallet will represent the self-custodial version of the Coinbase app. It will continue to be a top place to discover Base assets, markets, and apps. And we'll keep driving a ton of value together to the ecosystem.
I’m excited for
@cobie to make Coinbase Wallet into the best trading app you’ve ever seen. And I’m excited to focus on building Base into the blockchain for global finance.
🫡