Coinbase is launching a new type of self-custodial wallet called "Smart Wallets", which aims to simplify the onchain experience for users. The key features of Smart Wallets include:
•Streamlined, gasless onchain experience
•Multi-chain support
•Integration with major applications
•Easy onboarding process, similar to signing into a website
Coinbase is also planning to introduce migration tools and support for Smart Wallets inside the existing Coinbase Wallet app in the coming months.
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