Coinbase’s new Embedded Wallets tool streamlines wallet onboarding with 4.1% APY rewards in USDC, backed by pro-crypto legislation such as the GENIUS and CLARITY Acts.
Coinbase has launched its new Embedded Wallets tool via the Coinbase Developer Platform, enabling developers to integrate self-custodial wallets that offer a 4.1% APY in USDC. The toolkit, which provides flexibility in reward allocation, targets DeFi, gaming, payments, and Web3 social media sectors. This development coincides with the passage of pro-crypto regulations including the GENIUS Act and the CLARITY Act, aimed at enhancing onchain finance and self-custody.