Coinbase, a leading U.S.-based cryptocurrency exchange platform, has unveiled a new on-chain payments protocol, according to a recent company blog post. The platform aims to establish a new benchmark for on-chain payments, making them more cost-effective and faster for consumers.
Coinbase emphasizes that this open-source update is designed to provide "clarity, reliability, and a consistent experience for all users," thereby significantly improving the payment process for both merchants and customers. The introduction of this protocol reflects Coinbase's commitment to enhancing the efficiency and user experience of on-chain payments within the cryptocurrency ecosystem. KEEP READING