Coinbase, $COIN, has launched a new product called Coinbase for Agents, a platform that allows artificial intelligence agents such as ChatGPT and Anthropic's Claude to connect directly to users' Coinbase accounts and carry out financial transactions on their behalf.

Coinbase CPO Faryar Shirzad says the CLARITY Act will be "the biggest financial regulatory bill the Congress has done in quite some time," on @MorningsMaria. It's "the first piece of legislation since the 90s that gives the banks new authorization to get into the crypto space."

Coinbase is now the official USDC treasury deployer on Hyperliquid, a platform it competes with. Alex Weseley [@0xpampa] of @artemis ran the math on Unchained: $150M in new annual revenue for Hyperliquid, a 25% boost to its base. And he explained why Coinbase did it anyway: Timestamps: 🔵 0:00 Coinbase acquires USDH brand, and what an aligned quote asset is on Hyperliquid 📈 3:42 Why Hype jumped 10% and what's in it for Coinbase 💙 8:51 Coinbase: Get 20% off the first year of your Coinbase One annual plan at ⚖️ 10:52 Coinbase increases its staked Hype position: why is it aligning with a no-KYC competitor? 🤖 14:00 The two reasons why Alex projects that Coinbase could be a $300B company by 2031 📜 22:11 CLARITY Act: activity-based stablecoin yield compromise and what it means for Coinbase 💔 26:25 Is the Circle–Coinbase marriage heading for divorce? 🌊 30:22 After recent successes, where does Hyperliquid go from here?

Coinbase becoming main treasury supplier of USDC is extremely bullish for Hyperliquid, not only adds ~$150M of yearly recurring revenue on the $5B in stables on the platform, but CB has a lot of what Hyperliquid needs to scale longterm, US regulatory wise & distribution wise