Coinbase Powers Up Web3 Builders With Instant Wallets and Passive USDC Rewards

AltcoinsBlockchain

Coinbase is stepping up its infrastructure game with a new wallet solution tailored for developers, offering automatic 4.1% rewards on idle USDC.

Coinbase is stepping up its infrastructure game with a new wallet solution tailored for developers, offering automatic 4.1% rewards on idle USDC. Dubbed “CDP Embedded Wallets,” the toolset is designed to help builders launch Web3 apps with scalable, secure wallets in under 200 milliseconds—without compromising on user experience or control.

The embedded wallets are compatible with EVM-based chains and Solana, enabling login options familiar to Web2 users like email, SMS, and OAuth. Despite the simplicity, the wallets remain non-custodial, with keys protected inside trusted execution environments (TEEs). Developers can also enforce custom policies and access a unified API stack covering transfers, staking, and more.

Among the early use cases are remittance platforms, DeFi tools, B2B payroll systems, and crypto-native games. Coinbase says users will benefit not just from seamless onboarding, but also from fee-free USDC transfers on the Base network and built-in rewards from day one.

The release coincides with fresh momentum on U.S. stablecoin regulation. The recently passed GENIUS Act provides the first federal framework for dollar-pegged digital assets, giving developers greater confidence in building on stablecoin rails. Coinbase sees this as a key driver behind the adoption of CDP Embedded Wallets.

As an added incentive, Coinbase is waiving all fees for Onramp customers using the product during its beta phase through September 30.

The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

Author

Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.

Related stories