Coinbase is onboarding memecoins, to be sure. In the past week, it greenlit FLOKI and PEPE, as well as WIF for German traders. Those tokens have been around a relatively long time and accrued market caps in the billions of dollars, making them more stable (relatively speaking) than, say, DIDDYOIL, a memecoin only accessible to traders who operate on-chain.
Source: https://www.coindesk.com/business/2024/11/22/coinbase-app-gets-left-behind-as-memecoin-craze-drives-traders-on-chain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines