Discover how Coinbase is revolutionizing communication in the crypto-world with the integration of decentralized messaging into its Coinbase Wallet.
In the ever-evolving world of cryptocurrency, Coinbase, one of the leading crypto exchanges, has revealed an exciting new feature: decentralized messaging within its crypto wallet, Coinbase Wallet. This major breakthrough, achieved in collaboration with XMTP (Extensible Message Transport Protocol), now enables users to send and receive end-to-end encrypted messages directly from their Coinbase crypto wallets.
Imagine being able to communicate securely between Ethereum Layer 1 and Layer 2 addresses, without fear of interference or intrusion. That’s exactly what Coinbase Wallet messaging offers. Thanks to this new feature, users can exchange confidential information with complete peace of mind, safe in the knowledge that their messages are protected by strong, unbreakable encryption.
Coinbase Wallet, more than just a wallet!
But the innovation doesn’t stop there. Messages sent from Coinbase Wallet can also be transferred to other XMTP-enabled platforms, opening up a world of possibilities. Whether you choose Lens Protocol, Lenster, Orb or Converse.xyz, you can continue your conversations without limits and without compromising your security.
Siddharth Coelho-Prabhu, Coinbase’s Director of Product Management, shares his enthusiasm for this revolutionary advance: “Coinbase makes it easy for users to transfer their conversations from any of the 450 applications built on XMTP to Coinbase Wallet. Our infrastructure ensures that Coinbase Wallet messages are completely permissionless and interoperable, while giving users the freedom to fully own their messages and transactions through their personal blockchain identity.”
This integration of private messaging also opens the door to new possibilities for payments. Coinbase proudly announces that users will be able to send payments using the stablecoin USDC (USD Coin) at no extra cost, directly from the messaging interface. This major development further facilitates the user experience, combining communication and transactions within a single secure platform.
With 1.3 million users already, Coinbase Wallet has established itself as a benchmark in the world of crypto wallets. This new decentralized messaging functionality should undoubtedly attract the attention of an ever-growing audience, thirsty for innovation and in search of a cryptocurrency experience that’s both secure and fluid.