🔒 In a bid to enhance security and streamline operations, Coinbase is upping its game by increasing storage for USDC balances on Base, an Ethereum Layer 2 solution developed in-house.

💰 With lower fees and faster settlements in the cards, Max Branzburg, Coinbase's VP of Consumer Products, is confident this move won't disrupt the user experience.

👍 The community is buzzing with approval, as Jesse Pollak from Base hails this decision as "based" and pledges unwavering support for Coinbase's onchain ventures.

📈 Speaking of Base, it's been a wild ride for the Ethereum Layer 2 darling. Total value locked (TVL) has skyrocketed past $1 billion, doubling since the start of the month. Aerodrome's growth has been a major driving force behind this surge.

⚡️ Transaction counts on Base are soaring too, outpacing other rollups. While Arbitrum is also seeing a spike, OP Mainnet's daily transactions are growing at a more measured pace.

🛑 Meanwhile, Circle and Binance are parting ways with USDC on Tron. Circle cites a commitment to transparency and trust as they halt token creation on Tron, while Binance will no longer handle deposits and withdrawals on that network.

✅ Despite these shifts, USDC remains strong with a market cap of around $32.1 billion, making it the second-largest stablecoin after Tether. Ethereum continues to be its blockchain of choice.

🔒 In a bid to enhance security and streamline operations, Coinbase is upping its game by increasing storage for USDC balances on Base, an Ethereum Layer 2 solution developed in-house.

💰 With lower fees and faster settlements in the cards, Max Branzburg, Coinbase's VP of Consumer Products, is confident this move won't disrupt the user experience.

👍 The community is buzzing with approval, as Jesse Pollak from Base hails this decision as "based" and pledges unwavering support for Coinbase's onchain ventures.

📈 Speaking of Base, it's been a wild ride for the Ethereum Layer 2 darling. Total value locked (TVL) has skyrocketed past $1 billion, doubling since the start of the month. Aerodrome's growth has been a major driving force behind this surge.

⚡️ Transaction counts on Base are soaring too, outpacing other rollups. While Arbitrum is also seeing a spike, OP Mainnet's daily transactions are growing at a more measured pace.

🛑 Meanwhile, Circle and Binance are parting ways with USDC on Tron. Circle cites a commitment to transparency and trust as they halt token creation on Tron, while Binance will no longer handle deposits and withdrawals on that network.

✅ Despite these shifts, USDC remains strong with a market cap of around $32.1 billion, making it the second-largest stablecoin after Tether. Ethereum continues to be its blockchain of choice.