Welcome to the Tso Thoughts newsletter! Every month, I curate my best thoughts, ideas, and observations on crypto and the industry at large.
DEX Trading on Coinbase
Slowly, then all at once
what if tens of millions more people had instant access to trade assets on @base?
What if your @base project could get in front of millions of users the moment you launch?
The DeFi mullet will take over the world
We know that @base builders launching projects and tokens need retail distribution the most
With DEX trading in the @coinbase app, we’re providing this automatically to every Base token
Just in case you needed another reason to build on Base :)
With DEX trading in the @coinbase app, we’re providing this automatically to every Base token
Just in case you needed another reason to build on Base :)
Our asset universe is about to get a whole lot bigger.
DEX trading is coming.
Today, Coinbase users can trade hundreds of assets.
But soon, you’ll be able to trade thousands of @base assets within moments of them going live — all within the Coinbase app.
DEX trading is coming.
Today, Coinbase users can trade hundreds of assets.
But soon, you’ll be able to trade thousands of @base assets within moments of them going live — all within the Coinbase app.
The Fortune 500 Onchain
A few highlights:
- 161M stablecoin holders globally
- 4 in 5 institutions have exposure to digital assets
- 6 in 10 Fortune 500 companies are working on onchain initiatives
- 1 in 3 small businesses currently use crypto in their business
Safe to say the future of money is here
- 161M stablecoin holders globally
- 4 in 5 institutions have exposure to digital assets
- 6 in 10 Fortune 500 companies are working on onchain initiatives
- 1 in 3 small businesses currently use crypto in their business
Safe to say the future of money is here
The Q2 2025 State of Crypto report just dropped.
TL;DR: The world loves stablecoins.
TL;DR: The world loves stablecoins.

We’re joining forces with @Shopify to bring global commerce onchain
@USDC on @base will soon be accepted at millions of Shopify stores worldwide and merchants will automatically get payouts in their local currency (unless they choose to keep it as crypto)
Mass adoption is here
@USDC on @base will soon be accepted at millions of Shopify stores worldwide and merchants will automatically get payouts in their local currency (unless they choose to keep it as crypto)
Mass adoption is here
Shopify will enable USDC (Stablecoins on @Base) in Checkout via Shopify Payments and Shop Pay. Early access starts today, roll out throughout the year.
We think that stablecoins are a natural way to transact on the Internet and worked with coinbase to develop the commerce
We think that stablecoins are a natural way to transact on the Internet and worked with coinbase to develop the commerce

Stablecoins are better because they are faster, cheaper, more global, and more programmable than any incumbent payment solution
Base is the onchain home for Fortune 500 companies
Base is bringing institutions, Fortune 500 companies, small businesses, and the next billion people onchain to Ethereum
The infrastructure is ready with @USDC and @base
Now it’s primetime to enable real world commerce
Now it’s primetime to enable real world commerce
Brian and Tobi met to figure out how to bring crypto payments mainstream. The answer is the Commerce Payments Protocol, built on Base with @Shopify.
@brian_armstrong on CNBC:
@brian_armstrong on CNBC:
Sometimes I just stop and think about how crazy it is that a global onchain economy is being built in front of our very eyes
And it’s happening on @base
And it’s happening on @base
J.P. Morgan and other traditional financial institutions are moving their assets onchain to @base
The onchain global economy is becoming real
The onchain global economy is becoming real
Base is for global capital markets
Kinexys by @jpmorgan is piloting a USD-backed deposit token on Base to power instant, low-cost payments for institutional clients
A major step in bringing traditional finance fully onchain
paragraph.com/@base/jpmorgan…
Kinexys by @jpmorgan is piloting a USD-backed deposit token on Base to power instant, low-cost payments for institutional clients
A major step in bringing traditional finance fully onchain
paragraph.com/@base/jpmorgan…

Checkout With Smart Wallet Profiles
There’s one more thing…
What if I told you there was…

There’s one more thing…
@base Profiles
With Profiles, Smart Wallet is becoming the universal account layer for the onchain future
@base Profiles
With Profiles, Smart Wallet is becoming the universal account layer for the onchain future
Lightning fast checkout is real on @base.
We're launching Profiles in Smart Wallet, making it easy to streamline onboarding and checkout in your app.
@kikiworld_ simplified checkout by allowing shoppers to share their name and shipping address in one click.
We're launching Profiles in Smart Wallet, making it easy to streamline onboarding and checkout in your app.
@kikiworld_ simplified checkout by allowing shoppers to share their name and shipping address in one click.
Onchain, permissionless, and decentralized express checkout enabled by Smart Wallet Profiles
Pay with @CoinbaseWallet unlocked
Creators, brands, and KIKI Makers—meet the crypto economy.
@coinbase Smart Wallet Profiles are now live on KIKI.
Real products.
Onchain rails.
Seamless like the internet we know.
No forms. No friction.
kiki.world
#onchaincommerce #coinbasewallet
Pay with @CoinbaseWallet unlocked
Creators, brands, and KIKI Makers—meet the crypto economy.@coinbase Smart Wallet Profiles are now live on KIKI.
Real products.
Onchain rails.
Seamless like the internet we know.No forms. No friction.
kiki.world
#onchaincommerce #coinbasewallet
Express checkout for @chippedsocial powered by Smart Wallet Profiles
Pre-order your @base blue cat eye set in the link below!
Pre-order your @base blue cat eye set in the link below!
Innovation in fashion meets innovation in checkout 
@chippedsocial is using Smart Wallet Profiles so customers worldwide can buy their NFC-enabled press-on nails with just their wallet and shipping info.
No forms, no friction, no borders.

@chippedsocial is using Smart Wallet Profiles so customers worldwide can buy their NFC-enabled press-on nails with just their wallet and shipping info.
No forms, no friction, no borders.
Get chipped on @base
Loved collaborating with @winnyirl and the @chippedsocial team on this gorgeous set
Loved collaborating with @winnyirl and the @chippedsocial team on this gorgeous set
Did someone say the future of commerce?
One-click checkout on @base with Smart Wallet Profiles is already here, try for yourself on @NodeMerch :)
One-click checkout on @base with Smart Wallet Profiles is already here, try for yourself on @NodeMerch :)
Wear what you want, check out how you want 
@NodeMerch lets you fully customize t-shirts, hoodies, hats & stickers — and now with Smart Wallet Profiles, customers globally can checkout instantly with just wallet address + shipping info.
One account → endless possibilities.

@NodeMerch lets you fully customize t-shirts, hoodies, hats & stickers — and now with Smart Wallet Profiles, customers globally can checkout instantly with just wallet address + shipping info.
One account → endless possibilities.
If you want to let your customers checkout onchain instantly with just their wallet and shipping info, implement Smart Wallet Profiles on @base today!
Smart Wallet introduces ... Profiles 
- Quick store checkouts
- No account creation
- No form filling
Your onchain e-commerce store with zero friction and 2-clicks user journey is here
Check out this video and the guide below to see how you can implement it in your app

- Quick store checkouts
- No account creation
- No form filling
Your onchain e-commerce store with zero friction and 2-clicks user journey is here
Check out this video and the guide below to see how you can implement it in your app
Checking out on @base has never been easier
Show us how you are accelerating your onchain checkout flows with Smart Wallet Profiles by tomorrow and win up to 1 ETH
Base Builder Quest 6 
Smart Wallet Profiles bring lighting fast checkout to @base — customers globally can now checkout instantly with just their wallet address + shipping info.
prompt: integrate Profiles in a new or an existing onchain app to collect data (email, phone
Show us how you are accelerating your onchain checkout flows with Smart Wallet Profiles by tomorrow and win up to 1 ETH
Base Builder Quest 6 
Smart Wallet Profiles bring lighting fast checkout to @base — customers globally can now checkout instantly with just their wallet address + shipping info.
prompt: integrate Profiles in a new or an existing onchain app to collect data (email, phone
You can now check out with @base Profiles on @autonomous_labs!
Buy your work from home essentials onchain in just one click
Buy your work from home essentials onchain in just one click
Shopping got easy on Autonomous with Profiles by @base @buildonbase
Get your favorites instantly with your Coinbase Wallet address.
Truly onchain simple!
Get your favorites instantly with your Coinbase Wallet address.
Truly onchain simple!
TBA
One of the most satisfying pull to refresh animations ever
coinbase wallet · pull to refresh
by @coinbasewallet
by @coinbasewallet
A new day one
A new way to create
A new social network
A global economy for everyone
The next chapter of @base is coming
A new way to create
A new social network
A global economy for everyone
The next chapter of @base is coming
The Best App?
To Build Anything?
The Builder Alliance?
To Be Announced
To Build Anything?
The Builder Alliance?
To Be Announced
Launching on @base is the new launching on the App Store
Creator Coins
Creator flywheel incoming
More coins, more creators, more creativity onchain
A social network for the new creator economy is here
With creator coins on @zora, your audience doesn’t just follow you, they can now align themselves with all your posts and cultural momentum
Your creator coin becomes more valuable as your posts perform and cultural impact increases
Your creator coin becomes more valuable as your posts perform and cultural impact increases

Creator coins on @zora are the best way to drive organic distribution and grow + earn as a creator onchain
The more your creator coin is collected, the more your profile and posts are distributed to the feeds of your followers’ followers, the more you earn from your creativity
The more your creator coin is collected, the more your profile and posts are distributed to the feeds of your followers’ followers, the more you earn from your creativity

Seems like a flywheel
Tweets of the Month
The level of build energy right now on @base is mindblowing
If distribution, eco support, and growing a brand beyond crypto is something you care about – you need to get on @base
builders
not sure who needs to hear this but if distribution, eco support, and growing a brand beyond crypto is something you care about – you need to get on @base
@davidtsocy madman on responsiveness and vibes
@parkerjayp + @john_tv_locke proactively reaching out to find
not sure who needs to hear this but if distribution, eco support, and growing a brand beyond crypto is something you care about – you need to get on @base
@davidtsocy madman on responsiveness and vibes
@parkerjayp + @john_tv_locke proactively reaching out to find
Home prices in Bitcoin 
- 2012: 30,000 BTC to buy a house
- 2022: 20 BTC to buy a house
- 2025: 5 BTC to buy a house
If home prices keep falling in Bitcoin, why do they keep rising in dollars?

- 2012: 30,000 BTC to buy a house
- 2022: 20 BTC to buy a house
- 2025: 5 BTC to buy a house
If home prices keep falling in Bitcoin, why do they keep rising in dollars?
Who’s got the “Price of Housing in Bitcoin” chart?
Base season → Base supercycle → @base era
There’s never been a better time to build on @base
Build on @base and get entry to The Network School
Build with @base
Base is where hackers become founders, ideas become apps, and apps become businesses
5,000 builders. 900+ projects. It all comes down to Demo Day.
The top 75 teams will pitch for a share of up to $1M in grants, judged by @jessepollak, @cbventures, @seedclubhq, @alliancedao, @ethereum, and @1kxnetwork.
Watch live, June 23-24.
The top 75 teams will pitch for a share of up to $1M in grants, judged by @jessepollak, @cbventures, @seedclubhq, @alliancedao, @ethereum, and @1kxnetwork.
Watch live, June 23-24.

Base is for everyone
Why? Because we can go further and faster if we build together
Why? Because we can go further and faster if we build together
Years from now, we’ll proudly reflect on the first ever @base batch projects, built by founders committed to the Base vision of building a global economy that increases innovation, creativity, and freedom
Congrats to all the teams involved!
Congrats to all the teams involved!
Demo Day Session 1 of Base Batches has wrapped
A big thanks to @0xNoroc from @cbventures and @nnnnicholas from @seedclubhq for judging alongside @XenBH
Take a deep dive into each team's project below
A big thanks to @0xNoroc from @cbventures and @nnnnicholas from @seedclubhq for judging alongside @XenBH
Take a deep dive into each team's project below
Base is the consumer chain that will onboard the world to crypto
cbBTC, cbDOGE, cbXRP, cbADA, cbLTC...
cbEVERYTHING on @base
cbEVERYTHING on @base
Yesterday was the biggest volume day yet for the new wave of cbAssest on @base + @AerodromeFi.
One chain unlocks the full composability of DeFi for $BTC, $ADA, $DOGE, $LTC, $XRP, and more.
The world’s single most dynamic marketplace.
One chain unlocks the full composability of DeFi for $BTC, $ADA, $DOGE, $LTC, $XRP, and more.
The world’s single most dynamic marketplace.

Base is built on Ethereum
Base is a part of Ethereum
Base is accelerating Ethereum
Base is a part of Ethereum
Base is accelerating Ethereum
Ready whenever you are @ishowspeedsui
we had @reva_jariwala ask core team members who they want to onboard the most. tbh the answers were kinda beautiful.
reply with yours
reply with yours
Brick by brick, we will make @base the best place to build for consumer app devs
Consumer Apps / Experiences I Liked
Song coins
We launch coins for viral songs on @cooprecsmusic
Three out in the wild today on @base
Next wave starts in July powered by @dopplerprotocol
Three out in the wild today on @base
Next wave starts in July powered by @dopplerprotocol

Tab is a social payments mini app built for @farcaster_xyz by @carlosecgomes
Pay friends, split group bills, or play bill roulette in ETH and local currency stablecoins
Once you get paid, earn yield with @MorphoLabs or enter the lottery with @megapot_io – all powered by @base
Pay friends, split group bills, or play bill roulette in ETH and local currency stablecoins
Once you get paid, earn yield with @MorphoLabs or enter the lottery with @megapot_io – all powered by @base
This week’s
mini app spotlight is Tab by @carlosecgomes on @farcaster_xyz
Tab lets you split bills and pay for anything with friends in just a few taps
It turns group payments into a social experience—track, and settle up together effortlessly
mini app spotlight is Tab by @carlosecgomes on @farcaster_xyzTab lets you split bills and pay for anything with friends in just a few taps
It turns group payments into a social experience—track, and settle up together effortlessly
The most innovative and useful AI agents in crypto live on @base
if you’re on @base, you can now do basically everything from just three AI agents available right here on X:
• @Mamo_agent $MAMO - yield
• @bankrbot $BNKR - swaps & NFTs
• @aixbt_agent $AIXBT - news & alpha
• @Mamo_agent $MAMO - yield
• @bankrbot $BNKR - swaps & NFTs
• @aixbt_agent $AIXBT - news & alpha
A new social prediction market on @base that lets you gain @UpsideFun on anything on the internet
Season One is live 
You can now day trade the internet... literally.
Here’s what you need to know in just six tweets. ↓

You can now day trade the internet... literally.
Here’s what you need to know in just six tweets. ↓
Build together, earn together
The @base way
The @base way
Earn together.
Flaunch now supports multiple fee receivers for new tokens.
Split up to 100% of a token’s revenue with any wallets you want - your team, friends, contributors - anyone.
Flaunch now supports multiple fee receivers for new tokens.
Split up to 100% of a token’s revenue with any wallets you want - your team, friends, contributors - anyone.
Mamo can now help you grow your cbBTC on @MoonwellDeFi and @MorphoLabs so your Bitcoin can earn even more Bitcoin
Your Bitcoin should do more. Now it can! 
Introducing the Mamo Bitcoin Account — a simple, steady way to earn more Bitcoin with the Bitcoin you already hold.
No trading. No spreadsheets. Just quiet growth in the background.

Introducing the Mamo Bitcoin Account — a simple, steady way to earn more Bitcoin with the Bitcoin you already hold.
No trading. No spreadsheets. Just quiet growth in the background.

If you like labubus follow @Wishwish_art
Onchain popmart launching soon on @base
Onchain popmart launching soon on @base
some very cute labubu in the wild

Only on @ripdotfun
Duels is a mini app by @nazimahmed and @_themikem that reimagines how people engage with digital art
Two pieces of art face off, users bet on which will win, and 90% of the pot goes to the winning bettors and 10% is split with the featured artists
A new way for artists to earn
Two pieces of art face off, users bet on which will win, and 90% of the pot goes to the winning bettors and 10% is split with the featured artists
A new way for artists to earn
This week’s
mini app spotlight is Duels by @nazimahmed and @_themikem on @farcaster_xyz
Duels lets you vote on head-to-head battles between epic artwork and earn USDC when your pick wins
Back your favorite and share the prize pool—every vote matters
mini app spotlight is Duels by @nazimahmed and @_themikem on @farcaster_xyz Duels lets you vote on head-to-head battles between epic artwork and earn USDC when your pick wins
Back your favorite and share the prize pool—every vote matters
Fund the content you want to see in the world

Decentralized spreadsheets on @base
Smart Wallets are now live on @flippplol
flipp just leveled up → all users now have smart wallets (7702) + $USDC balances
huge UX win: users hold and use digital $, just works for everyday ppl, no need to know what ETH or gas is :~)
soon they'll earn APY just by holding onchain USDC + unlocks a bunch of cool defi
huge UX win: users hold and use digital $, just works for everyday ppl, no need to know what ETH or gas is :~)
soon they'll earn APY just by holding onchain USDC + unlocks a bunch of cool defi

New @flaunchgg mini app is
Launch. Share. Claim.
Our first @farcaster_xyz mini app is LIVE!
Launch a coin and split its revenue with friends, or share with the /channels of your choice. Everyone can earn on Flaunch
Our first @farcaster_xyz mini app is LIVE!

Launch a coin and split its revenue with friends, or share with the /channels of your choice. Everyone can earn on Flaunch
Every web app like @revealcamfun should build a mini app
Nothing better on the market to scale your distribution organically
Nothing better on the market to scale your distribution organically
our Mini App beta launched on @farcaster_xyz and @base
thanks to @ljxie and farcaster team for featuring us on last minute notice
@pkayfire and i have launched on “every” version of farcaster app initiatives:
- frames (@perl_xyz)
- cast actions (in-feed pokemon like game)
-
thanks to @ljxie and farcaster team for featuring us on last minute notice
@pkayfire and i have launched on “every” version of farcaster app initiatives:
- frames (@perl_xyz)
- cast actions (in-feed pokemon like game)
-

Checkr is a mini app by @david_tomu shaping the attention layer on @base
Everyone’s buying tokens, but few check which ones are getting activity and mindshare
With @checkrsocial, you can see where attention flows and get notified when a token gains momentum for actionable alpha
Everyone’s buying tokens, but few check which ones are getting activity and mindshare
With @checkrsocial, you can see where attention flows and get notified when a token gains momentum for actionable alpha
This week’s
mini app spotlight is @checkrsocial by @david_tomu on @farcaster_xyz
Checkr spots trending posts on Farcaster and Twitter with real-time alerts tuned to your favorite metrics
Set custom thresholds and stay effortlessly on top of where the attention flows
mini app spotlight is @checkrsocial by @david_tomu on @farcaster_xyz Checkr spots trending posts on Farcaster and Twitter with real-time alerts tuned to your favorite metrics
Set custom thresholds and stay effortlessly on top of where the attention flows
Forget your bank – save, send, and spend @USDC on @base, anywhere in the world with @Go_Karsa
Live today in Pakistan, India, Kenya, and 50 other countries
Live today in Pakistan, India, Kenya, and 50 other countries
Karsa is officially live.
A global dollar wallet.
A virtual US bank account.
Send and receive USD. No matter where you live.
And soon: a Visa card to spend it.
A global dollar wallet.
A virtual US bank account.
Send and receive USD. No matter where you live.
And soon: a Visa card to spend it.
Revealcam is a mini app by @startupoppa and @pkayfire that lets creators conceal their creative expression behind a coin
When supporters buy 10M of the reveal coin, they unlock the creator’s secret art / meme / message / trivia
Coin to conceal, buy to reveal with @revealcamfun
When supporters buy 10M of the reveal coin, they unlock the creator’s secret art / meme / message / trivia
Coin to conceal, buy to reveal with @revealcamfun
This week’s
mini app spotlight is @revealcamfun by @startupoppa and @pkayfire on @farcaster_xyz
Revealcam lets you launch a token with hidden content—your image stays pixelated until enough is bought
Buy to reveal and earn rewards as the community unlocks what’s inside
mini app spotlight is @revealcamfun by @startupoppa and @pkayfire on @farcaster_xyz Revealcam lets you launch a token with hidden content—your image stays pixelated until enough is bought
Buy to reveal and earn rewards as the community unlocks what’s inside
Infrastructure / Tooling Updates
Prime Intellect is accelerating their work on peer to peer compute and intelligence on @base
The future of AI is open, permissionless, and collectively owned
The future of AI is open, permissionless, and collectively owned
Launching SYNTHETIC-2: our next-gen open reasoning dataset and planetary-scale synthetic data generation run.
Powered by our P2P inference stack and DeepSeek-R1-0528, it verifies traces for the hardest RL tasks.
Contribute towards AGI via open, permissionless compute.
Powered by our P2P inference stack and DeepSeek-R1-0528, it verifies traces for the hardest RL tasks.
Contribute towards AGI via open, permissionless compute.
If you are a @base project looking to target real users and grow your app, @spindl_xyz’s publisher network can help
For the first time, we're sharing data from @MorphoLabs to show how Spindl’s wallet-connected ads actually perform
A few things we’ve seen
A few things we’ve seen

Check out our new docs supercharged by AI
It’s never been easier to build on @base
It’s never been easier to build on @base
We just gave the @base docs AI superpowers:
- ai chatbot trained on all docs
- ai enabled search
- open pages directly in ChatGPT or Claude
- docs mcp server to pipe context directly into your IDE
I walk you through the details in this quick video
- ai chatbot trained on all docs
- ai enabled search
- open pages directly in ChatGPT or Claude
- docs mcp server to pipe context directly into your IDE
I walk you through the details in this quick video
And that’s my monthly roundup! Subscribe for free to receive new posts and follow me to stay in the loop.












YO. BIG UPDATE JUST LANDED. 
1% LP fee



