A crypto veteran of eight years argues Coinbase is building a de facto monopoly through tight integration of USDC, Coinbase, and the Base ecosystem, with backing from the U.S. government and Federal Reserve. He calls the Base Wallet the highest-quality crypto application available, offering institutional-grade experience for buying, selling, and wallet integration.
Coinbase is probably creating some type of monopoly with the government and Federal Reserve. We don't know for sure. This is speculation, but there's a lot of ties from USDC, Coinbase, and Base, which is a layer 2 that stacks on top of Ethereum. They created something called the Base Wallet and the Base Layer 2, which by my standards of being in crypto for 8 years, being full-time for 6, and researching over thousands of projects, I have never seen a more institutional-grade seamless experience, crypto experience in my entire life. And I'm not just saying that. Let me just be clear with you. There is no better quality application in all of cryptocurrency right now when it comes to purchasing, buying and selling, or just integrating with the wallet. There is nothing better when it comes to software and user-friendly experience.
