Chat, Pay and Play All in One Place With Coinbase Wallet
Portfolio Pulse from Murtuza Merchant
Coinbase Global Inc (NASDAQ:COIN) has integrated a new messaging feature into its Wallet, in partnership with XMTP, an open protocol and network for secure Web3 messaging. The feature combines messaging and payments, eliminating the need for separate apps. It offers end-to-end encryption and allows users to directly message any .eth, .cb.id, or .lens address, make offers on NFTs directly through their wallets, engage with their communities and send payments across thousands of coins, including gas-free USD Coin (CRYPTO: USDC).

July 12, 2023 | 6:57 pm
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POSITIVE IMPACT
Coinbase's new messaging feature could enhance user interaction and increase the usage of its Wallet, potentially driving more revenue for the company.
The integration of the messaging feature into Coinbase Wallet could enhance user interaction within the crypto community and increase the usage of the Wallet for transactions and interactions. This could potentially drive more revenue for Coinbase.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
The new messaging feature on Coinbase Wallet supports payments across thousands of coins, including gas-free USD Coin (USDC), which could increase the usage and demand for USDC.
The new messaging feature on Coinbase Wallet supports payments across thousands of coins, including gas-free USD Coin (USDC). This could potentially increase the usage and demand for USDC, positively impacting its value.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 75