Notes
Here’s what happened in September @Coinbase:
• Started rolling out DeFi lending, where you can earn more on your USDC. Currently up to 7.4%.
• Listed two new local stablecoins: $AUDD and $XSGD.
• @base began exploring a network token, but has no definitive plans.
• Launched the first US future to give exposure to tech stocks and crypto at the same time, the Mag7 + Crypto Equity Index.
• Partnered with @Google to bring stablecoin payments to AI agents, with x402 powering the stablecoin rail inside Google’s new Agentic Payments Protocol.
• Built a @solana ⇌ @base bridge.
• Introduced USDC rewards in Canada. Earn 4.1% uncapped, and up to 4.5% with a Coinbase One membership.
• Partnered with @moonshot, making USDC the official stablecoin across their products, bringing USDC to 1M+ traders on Solana.
• Expanded the Coinbase Advanced VIP program globally, including into the US. Includes perks like lower fees, premium merch, complimentary Coinbase One Premium, and much more.
• Brought in @catferdon as our new Chief Marketing Officer.
• Launched @CoinbaseMarkets, our new source of truth for Coinbase listings and market insights.
• Raised max leverage from 20x to 50x on international perpetual futures.
• Sent invites to every Coinbase One member on the card waitlist.
• Added support for Solana to x402.
• @AmericanExpress launched travel stamp NFTs on Base.
• Welcomed the @holdsensible leadership team to Coinbase.
• Re-architected the payments flow for USDC on Base. Receive latency is down 90%, from 20s to ~1s, and send latency is down 50%, from 5.5s to ~2s.
• @ycombinator put out a request for onchain startups on Base.
Onwards.
$AUDD launches on @hedera, becoming the first commercial implementation of the Hedera Stablecoin Studio.
The Australian dollar stablecoin is now live on Hedera Token Service (HTS), offering real-time payments, $0.001 transaction fees, and carbon-negative infrastructure


