The Coinbase-backed Layer 2 network said Base Privacy combines instant settlement, confidentiality and built-in compliance for uses including payroll, treasury management and cross-border remittances.
Base has launched Base Privacy, an enterprise-grade privacy transaction feature aimed at business use cases on its Layer 2 network. The Coinbase-backed project said the product combines instant on-chain settlement, confidentiality and built-in compliance for B2B payments, payroll, treasury management, stablecoin issuance, cross-border remittances and broker settlement. The rollout points to a push to make blockchain-based payments more usable for companies that need faster settlement while still meeting privacy and compliance requirements.