Huge bipartisan vote for the CLARITY Act at the Senate Banking Committee today! Fantastic work by so many people, including @SenatorTimScott @SenLummis @SenThomTillis @berniemoreno @SenRubenGallego @AlsobrooksForMD. Heroic and tireless work by the expert staff, especially on @BankingGOP. Plus huge thanks and respect to @POTUS’s extraordinary team, led by @patrickjwitt Tyler Williams, Harry Jung and many others. Historic.

very excited to deepen our support for @HyperliquidX and onchain markets. operating stablecoins at scale requires the right partner. we’re building the platform to enables companies and protocols to start integrating stables end-to-end, and USDC is emerging as the leading one.

The world's biggest cloud platform, @awscloud, just chose stablecoins to power agentic payments. @Coinbase wallets + x402 are now natively integrated into Amazon Bedrock AgentCore. First major cloud provider to embed autonomous crypto payments into its agent stack. We're live at the AWS Financial Services Symposium presenting on this exciting new partnership. 🤝

Fun time talking agentic payments with @coinbase alum @dwr yesterday at @stripe Sessions. Recapping a few takeaways: 1) Cards and stablecoins can and will co-exist. Stablecoins aren’t a replacement, they’re an expansion. The world has a whole new category of buyers (Agents) who will outnumber humans and drive the internet economy. They will create net-new payment flows (e.g., machine to machine payments, streaming payments) that cards were never really built for — stablecoins are always on, programmable money that are natively designed for these new types of payments. Cards will continue to thrive (and accelerate) with agents driving traditional payment flows. 2) Intents are the new interface. The internet we know is built around a common flow: browse, select, checkout. Going forward, this will be collapsed into an intent (e.g., book me travel) — an figures out the rest. We’re going from visual marketplaces for humans to programmable marketplaces for agents. How humans interact with the interact will fundamentally change. 3) Agents transact differently than humans. Agents don’t have identity like humans do. Agents transact at machine speed and machine scale. Agents are rational and ruthless optimizers (e.g., brand loyalty isn’t a consideration). Agents will optimize across payment rails, choosing the best method for each use-case. Stablecoins are well suited for granular machine-scale payments and programmable transactions. 4) It’s early days. The infrastructure exists, but it’s still early. Agents need more robust standards for identity and authorization, broader acceptance, and trust and safety tooling. It’s early, but watch this space — you won’t want to miss out on the billions of new customers (agents) that are looking to access services on the web.

five years ago, I was drafting @coinbase's S1 as we were getting ready to go public. at the time we were a trading platform with a core belief: all asset classes would ultimately come onchain. a lot has happened since then. - we diversified. we built 12 product lines that generate >$100m in annualized revenue - custody, staking, stablecoins, derivatives, and more. - we doubled down. we continued to invest in trading, and our crypto trading volume market share more than doubled in 2025. - we drove @USDC growth. we co-founded USDC and helped turn stablecoins from a crypto-native tool into real payments infrastructure that's blossoming. and that's just scratching the surface. coinbase is much more than an exchange -- we're a full stack financial platform for the future of finance. our belief that all asset classes will come onchain has only strengthened, and we're now well positioned to drive and capitalize on that shift. five years in. and still way more to come.

we've always believed that clear rules of the road would unlock the next wave of innovation. and now we're bringing clear federal oversight to the infrastructure we've been building since day 1. onward!

payments are the last broken layer of the internet. we have open protocols for data, for email, and for identity. but paying for something online still requires stitching together closed, proprietary systems that were never designed for machines. today that changes with the x402 foundation. @coinbase created x402, a standard that embeds payments directly into http and now we're moving it to the linux foundation with @Cloudflare, @stripe, and 20+ of the biggest names in tech and finance. agents are going to buy, sell, and transact on our behalf. they will need a payment rail that's open, interoperable, and doesn't require a human clicking confirm purchase. that's x402, and now it's governed by the community.

game-changer for crypto holders who are looking to buy a house. for the tens of millions of Americans who hold digital assets, crypto-backed mortgages create a way to get housing in a market where access has only gotten harder.

this is a great example of what x402 unlocks. if an agent wants to do real work on the internet today - like analyze social media, generate images, search travel, send emails, access data APIs - it runs into a mess of API keys, accounts, subscriptions, and billing systems that were designed for humans and are a nightmare for agents to navigate. by building on x402, AgentCash gives an AI agent a single USDC wallet (using Coinbase Onramp) to navigate the web's premium services. Think of it like a universal pass: one wallet for 280+ tools - from real-time data to image gen - paid for instantly and only as they're used. the APIs that integrate x402 become pay-per-use and agents become capable of acting truly independently.

stablecoin supply continues to climb even when broader crypto markets pull back in case it isn't obvious, we're all in on driving stablecoin growth @coinbase - coinbase is the distribution engine driving USDC growth, with record balances across Coinbase products (+$17.8B as of end of Q4) - we've developed a vertically integrated stack for stablecoins across issuance, Base L2 (settlement layer), consumer and agentic wallets, and our user-facing products (Coinbase, Prime, Coinbase Business) - coinbase is a platform that supports many stablecoins and serves as a primary liquidity venue and custodian -- well positioned as we see more stablecoins emerge and continued growth in overall supply

latest example of how we're using acquisitions to build up our best-in-class institutional offerings now, you can now come to Coinbase to plan, launch, and scale your token project with confidence – all on one platform