Odaily News Coinbase announced that the Utopia Labs team will join its Ethereum second-layer network Base to accelerate the development of on-chain payments for Coinbase Wallet. The Utopia Labs team is experienced in the field of on-chain payments and will help Coinbase achieve its vision of low-cost and fast global on-chain payments in the future. Data shows that the transaction volume of stablecoins reached 8.5 trillion US dollars in the second quarter of 2024, with more than 1.1 billion transactions. As payment demand grows, improving user experience will be key.