Senior Enterprise Product Marketing Manager

Base emerges as a dominant force in stablecoin card payments. Coinbase's Layer 2 network now handles roughly 19% of all tracked crypto card spending as Visa's stablecoin settlement pilot hits a $7B annualized run rate 2 hours ago Via techcrunch.com Sponsored: CryptoSlots - Cryptoslots Play now! The idea of paying for your morning coffee with stablecoins used to sound like a crypto fever dream. Now it's a $759 million-per-month business, and Coinbase's Base network is quietly becoming the infrastructure layer that makes it work. As of July 2026, Base accounts for approximately 19% of all tracked crypto card spending volume, making it one of the largest blockchain networks powering stablecoin-linked payment cards. That puts it in a dead heat with Solana, also at 19%, while Optimism leads the pack at 29%. The numbers behind the growth. Monthly on-chain transaction volumes for crypto card programs reached around $759 million in July 2026, with nearly 9 million individual purchases recorded. Annualized, that puts the stablecoin card market in the neighborhood of $18 billion. Visa has been the single most important accelerator of this trend. On April 29, 2026, the payments giant expanded its stablecoin settlement pilot to include Base, bringing the total number of supported blockchains to nine. After that expansion, the pilot reached a $7 billion annualized run rate. Visa's stablecoin-linked card programs now exceed 130 across more than 50 countries. The dominant assets flowing through these programs are USDC and USDT, the two largest dollar-backed stablecoins by market cap. Why Base keeps winning card issuers. Base's appeal to card program issuers comes down to three things: low transaction fees, fast finality, and native USDC support from Circle. Transaction fees on Base typically run a fraction of a cent, which matters enormously when you're processing millions of small-ticket purchases per month. Base's architecture as an Ethereum Layer 2, using optimistic rollup technology, delivers transaction confirmations quickly enough to meet the expectations of traditional payment rails. Circle, the issuer of USDC, has deep integration with Base, which isn't surprising given that Coinbase is both a Circle investor and the operator of Base. That tight relationship means USDC minting, redemption, and settlement on Base are essentially first-class operations. Card issuers building on Base don't have to worry about liquidity gaps or bridging headaches when their users spend USDC at checkout. The competitive landscape. Base isn't operating in a vacuum. Optimism currently handles a larger share of crypto card spend at 29%, and Solana matches Base's 19% share while offering its own advantages in speed and developer ecosystem. Visa's decision to support nine blockchains rather than picking a single winner suggests the payments giant is hedging its bets. That multi-chain approach gives card issuers flexibility but also means no single network has a monopoly on Visa's stablecoin volume. Mastercard has been making its own moves in the stablecoin space, adding another dimension to the competitive picture. Disclosure: This article was edited by Editorial Team. For more information on how Crypto Briefing create and review content, see its Editorial Policy.

Doppler Finance expands to Base, bringing infrastructure for cbXRP and tokenized assets. July 29, 2026 Announcements Official updates from the Doppler Finance team. Doppler Finance, the protocol building financial infrastructure for productive digital capital, today announced its expansion to Base, extending its infrastructure beyond the XRP Ledger to support Coinbase Wrapped XRP (cbXRP) and the growing ecosystem of tokenized assets. The expansion marks one of the first steps in Doppler's broader multi-chain strategy as tokenized financial assets continue to emerge across blockchain ecosystems. By integrating with Base, Doppler aims to provide infrastructure that enables tokenized assets to become productive financial assets through institutional-grade onchain utility. Initially, the expansion will focus on supporting cbXRP, with additional support for tokenized assets planned as the Base ecosystem continues to grow. "The next phase of tokenized finance requires infrastructure that extends beyond any single blockchain," said Rox, Head of Institutions at Doppler Finance. "As tokenized assets continue to expand across multiple ecosystems, financial infrastructure must evolve alongside them. Base represents one of the fastest-growing environments for onchain finance, and we're excited to bring Doppler's infrastructure to support cbXRP and future tokenized assets as the ecosystem continues to mature." Base has become one of the fastest-growing blockchain ecosystems for onchain applications and digital assets, attracting developers, institutions, and financial applications building around tokenized assets, stablecoins, and decentralized finance. "The next wave of onchain finance is about making tokenized assets productive in novel ways. Once an asset is onchain, it becomes usable as collateral, lendable, borrowable. We're excited about this new utility on Base and cbXRP is a compelling early use case." add Antonio Garcia-Martinez, Head of Growth at Base. Beyond cbXRP, Doppler plans to expand support for additional tokenized assets over time, including assets issued through emerging tokenization platforms and other forms of on-chain financial products. Doppler's long-term vision remains focused on building infrastructure for tokenized capital markets, enabling institutions and digital asset holders to access financial utility across an expanding range of blockchain ecosystems. The Base expansion is expected to roll out in phases, with additional product details and supported assets to be announced at a later date.

Base unveils onchain identity tool for smart contract verification. Base Verify Onchain lets smart contracts verify user credentials for claims, mints, deposits, and voting without exposing personal information. Published 3 hours ago · Updated 3 hours ago Key Highlights * Base has launched Base Verify Onchain, a smart contract-based verification system for Web3 applications. * The tool uses an identity hash to help prevent users from claiming rewards through multiple wallets while keeping personal data private. * Developers can create access rules based on credentials such as verified X accounts or active Coinbase One memberships. Coinbase-backed Layer-2 network Base has introduced Base Verify Onchain, a verification system designed to help decentralized applications identify unique users and reduce abuse caused by multiple wallet accounts. According to guides published on Tuesday, the tool allows smart contracts to verify user credentials directly during blockchain actions such as token claims, NFT mints, deposits, and votes. Instead of relying on separate verification databases, applications can use Base Verify's signed proofs within their contracts to confirm whether a user meets specific requirements. Base said the system addresses two major challenges faced by Web3 applications: Sybil resistance and policy-based access control. How Base Verify works onchain. Sybil attacks, where a single user creates multiple wallets to gain additional rewards or influence, have remained a challenge for airdrops, governance systems, and incentive programs across the crypto industry. Base Verify Onchain tackles this issue through an identity hash, a unique identifier linked to a user's verified credentials rather than their wallet address. The same user accessing an application through different wallets would generate the same identity hash, allowing smart contracts to recognize duplicate participation and prevent repeated claims. Base said the identity hash is designed to protect user privacy by not revealing a user's real identity. It is also created separately for each application, preventing different platforms from tracking users across ecosystems. Developers can now control who gets access. Beyond preventing duplicate participation, Base Verify Onchain allows developers to introduce eligibility rules based on external credentials. Applications can restrict access based on requirements such as verified X accounts, follower thresholds, or active Coinbase One memberships. The verification process only confirms whether a user meets the required condition, while the underlying account information remains hidden from the application. This allows Web3 projects to introduce identity-based controls without requiring users to publicly share personal information onchain. How projects are using Base Verify today. The broader Base Verify infrastructure has already processed more than 200,000 verifications, according to Base. Several applications have integrated the system for different use cases. Reward platform Cody uses verification to limit claims to unique users, while Scratch uses it to direct token distributions toward specific user groups instead of anonymous wallets. Sports-focused Mini App Bracket has also used Base Verify to restrict eligibility for its $BRACKY airdrop to Coinbase One members. The smart contract-focused version of Base Verify Onchain is currently available on Base Sepolia, the network's test environment, allowing developers to experiment with onchain verification features. Why onchain identity is becoming more important. The launch comes as blockchain applications increasingly look for ways to reduce wallet farming and improve fairness in token distributions, governance participation, and reward programs. Base's focus on Sybil resistance also drew attention from the community in previous months. In June 2026, developers identified references to a "Sybil-Resistant Airdrop" and potential mainnet migration activity in an official Base GitHub repository, leading to speculation around whether the network was exploring future airdrop mechanisms or testing developer tools focused on fair participation. While Base did not confirm an upcoming token distribution, the discovery highlighted the growing importance of identity verification and anti-Sybil solutions as the ecosystem expands. With Base Verify Onchain, the network now provides developers with infrastructure to verify unique users and apply eligibility rules directly through smart contracts. While several identity verification systems focus on analyzing wallet activity, Base is taking a credential-based approach by bringing verification directly into smart contracts. As Web3 applications move beyond simple wallet-based interactions, identity verification tools are becoming an important part of blockchain infrastructure, especially for projects seeking more transparent and controlled participation models. Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.