Coinbase renames Wallet to Base App, integrating multiple functions to create a "one-stop" platform

On July 17 (UTC+8), Coinbase announced that it would rename its Coinbase Wallet to "Base App" to integrate social, chat, payment, and transaction functions to create a "one-stop" digital asset platform. Base App will support the fast checkout tool Base Pay, allowing users to make second-level payments on platforms such as Shopify, and can quickly log in to other applications through the "Sign in with Base" function. Coinbase's move aims to increase user stickiness through functional integration to cope with the increasingly fierce competitive environment in the crypto wallet market. (Source: Bloomberg) [MetaEra]