Coinbase Rolls Out New Crypto Wallets to Simplify Blockchain Use
• Coinbase adding new "smart wallet" and "embedded wallets" features to make crypto wallet creation and use easier • Smart wallets powered by Coinbase's Layer-2 network Base, use "passkeys" instead of seed phrases • Goals are better security, usability, and simplified onboarding to bring more users onto blockchains • Embedded wallets are white-labeled, support familiar login flows, abstract crypto complexities • Coinbase believes next-gen experiences and evolved wallets critical for mainstream blockchain adoption