Base chain recently recorded a remarkable surge in USDC transfer volume, exceeding $15 billion in a single day and reaching a staggering $100 billion monthly.

The astronomical increase in USDC transfers signifies growing confidence in the Base chain’s infrastructure and its capacity to handle large-scale transactions. It suggests a substantial influx of new users and a surge in trading activity, indicating a robust ecosystem developing around the platform.

Moreover, this momentum reflects a fundamental shift in the crypto market, with investors increasingly seeking platforms that can accommodate their growing financial needs.

Notably, its integration with Ethereum, a well-established and widely adopted blockchain, provides significant interoperability and access to a large and active community.

Additionally, this interoperability allows users to seamlessly transfer assets between Base and other Ethereum-based platforms, fostering a smooth and efficient trading experience.

Furthermore, Base has implemented innovative solutions to address common blockchain challenges, such as scalability and cost. The platform utilizes a novel architecture designed to enhance transaction throughput and minimize costs, ensuring a user-friendly experience even during periods of high activity.

Base Chain Creator Jesse Pollak to Join Coinbase

Jesse Pollak, creator of the Ethereum layer-2 blockchain Base, has announced he is stepping up into a leadership role at Coinbase, assuming the helm of Coinbase Wallet.

Moreover, they believe this strategic shift could dramatically improve the user experience (UX) in the crypto space, a long-standing barrier to mass adoption.

Pollak, who will continue leading the Base team, emphasizes that the closer integration of Base and Coinbase Wallet will propel both entities towards their shared goal: “To make it dead simple for the world to come onchain.”

“A cohesive pairing of Coinbase Wallet and Base likely means a level up of the overall UX of the industry,” asserts Jacob Horne, founder of blockchain-focused media platform Zora.

Coinbase Wallet, a non-custodial crypto wallet, supports many assets, including hundreds of thousands of coins and decentralized apps across dozens of blockchains. Pollak assures that Coinbase Wallet will continue to serve the entire blockchain ecosystem, encompassing Bitcoin, Ethereum, Avalanche, BNB Chain, Fantom Opera, and more, as part of its mission to bring billions of people onchain.