Coinbase Unveils Next-Gen Smart Wallet

Rachana Saha

Coinbase launches smart wallet to improve crypto user experience, targeting onboarding complexity, network fees, and recovery phrases.

New wallet offers Face ID, fingerprint, or Yubikey authentication, eliminating need for recovery phrases.

Addresses "insufficient balance" errors by utilizing self-custodial or Coinbase account balances.

Enables gasless transactions through developer-sponsored paymaster integrations.

Supports eight networks initially, with plans for expansion, enhancing accessibility for users.