News linked to both this project and an event.
Odaily News - Coinbase has disclosed the architecture and application of its internal AI system "CEEcil." This system is not a simple chatbot but is designed as an AI agent that functions like a "team member." It can be mentioned in Slack, and possesses long-term memory, proactive follow-up, and judgment capabilities.CEEcil retains team context through a three-tier memory mechanism: in the background, it continuously extracts information such as decisions, blocked items, and owners from authorized channels; each night, it consolidates short-term observations into long-term summaries; and when answering questions, it retrieves historical memories, recent conversations, and real-time data on demand. The system also adopts a tiered model architecture, where simple queries are prioritized for processing via APIs or knowledge bases, and only complex, multi-step tasks are delegated to more powerful AI models, thereby reducing cost and latency.In practical applications, CEEcil can proactively join relevant Slack discussions, send emoji reactions, and automatically follow up when issues go unaddressed. Coinbase states that the system also once refused to submit operational documents containing customer identity information to Git, suggesting the use of redacted versions or compliant storage methods instead—demonstrating a certain level of security judgment.Architecturally, CEEcil consists of a Go service and an AI agent runtime, and connects to tools such as memory retrieval, knowledge bases, real-time queries, and Slack via MCP. Coinbase also has set up a real-time "kill switch," call limits and spending caps, audit mechanisms, and requires human review and merging of the code it generates.Coinbase says CEEcil is now able to help teams handle production incidents and answer expert knowledge that previously would have required waiting hours to obtain. In the future, the company hopes to expand this model into multiple AI agents tailored to specific teams, enabling AI not only to "answer questions" but also to continuously remember, proactively participate, and complete actual work.
Odaily News, According to a chart released by Ki Young Ju, founder of CryptoQuant, the Coinbase premium for BTC has turned positive, reflecting bullish sentiment among U.S. institutions.
Odaily News, Coinbase stated on the X platform that the financial layer emerging around AI agents is called agentic finance, namely AiFi, covering agent transactions and agent commerce. AI agents can research information, make decisions, and execute actions on behalf of individuals and businesses, while also needing to perform fundamental financial activities such as making payments, receiving funds, storing value, and transferring money. Coinbase stated that it is building tools for AI agents to enable them to continuously execute financial operations within preset goals, permissions, limits, and security boundaries.Coinbase stated that Coinbase Advisor, Coinbase for Agents, x402, and Coinbase Business have formed the AiFi infrastructure. Coinbase Advisor is an SEC-registered investment advisor integrated into the app for Coinbase One users, providing portfolio analysis and guidance through a chat interface. Coinbase for Agents connects tools such as Claude, ChatGPT, and Cursor to Coinbase accounts via MCP, allowing users to set operating conditions and security boundaries for agents, as well as create separate sandbox accounts for agent use.Coinbase stated that x402 is an open payment standard initiated by Coinbase and now managed by an independent foundation, supporting AI agents in paying fees to other agents, applications, and services. To date, x402 has processed over 205 million transactions with a volume of $53 million, covering 200,000 sellers, with Coinbase facilitating 67% of this activity. Individual payments can be used for API calls, datasets, research materials, or computing resources.Coinbase stated that Coinbase Business supports enterprises in natively receiving USDC payments from AI agents, while Coinbiz helps merchants sell services and content to software without relying on card credentials, manual invoicing, or payment processes designed around human customers. Eligible businesses can earn a floating 3.35% reward on idle USDC balances. USDC currently accounts for 99% of on-chain agent commerce transactions, x402 accounts for 97% of agent finance protocol usage, and the related activities run on Base.
Odaily News - U.S. mortgage lender Better Mortgage and cryptocurrency exchange Coinbase have announced the launch of a bitcoin-backed mortgage product that allows U.S. homebuyers to use BTC as collateral for their down payment loan, eliminating the need to sell their bitcoin holdings. The product is now officially open for applications.The product consists of a Fannie Mae-backed mortgage paired with a separate down payment loan. Borrowers are required to pledge BTC valued at least 250% of the down payment loan amount, with the collateral transferred to Better's custody account on Coinbase Prime. Both loans carry the same interest rate and amortization period, and are repaid through a single monthly payment.A decline in the bitcoin price will not independently trigger a margin call or alter the mortgage terms, but if a borrower falls 60 days or more behind on payments, Better may liquidate the pledged BTC. Applicants must be U.S. residents with a verified Coinbase account, and Coinbase One members can also earn a 1% rebate of up to $10,000, which can be applied toward closing costs and fees. (Cointelegraph)
Better partners with Coinbase to launch Bitcoin-backed loans, allowing borrowers to access funds using BTC as collateral without liquidating assets, thereby gaining liquidity while avoiding capital gains taxes.
Coinbase Markets announced that spot trading for Grass (GRASS) will go live on August 26, 2026. If liquidity conditions are met, the GRASS-USD trading pair will open in supported regions later today.
According to an official announcement from Odaily, Coinbase will list Grass (GRASS) on August 26, 2026. If liquidity conditions are met and trading is supported, the GRASS-USD trading pair is expected to open later today.
Odaily News: Coinbase Chief Policy Officer Faryar Shirzad has written an article rebutting the American Bankers Association's concerns about stablecoin rewards, stating that existing data does not support the claim that stablecoin platforms paying rewards will lead to deposit outflows from community banks and weaken local credit. Current law already permits such rewards, and Coinbase has been paying rewards to USDC users for over four years. Faryar Shirzad noted that from June 2019 to March 2026, community bank deposits grew by 26%, an increase of approximately $482 billion; research by Charles River Associates and the Council of Economic Advisers similarly found no significant relationship between stablecoins and bank deposits. The modification the American Bankers Association is requesting does not concern technical details in the CLARITY Act. The current text prohibits users from receiving returns solely for holding idle funds, but allows rewards for genuine activity; the amendment proposed by the American Bankers Association could expand restrictions to ordinary stablecoin use cases, and leave questions such as whether merchant rebates constitute bank interest to be decided by regulators and litigation. Faryar Shirzad calls for maintaining the existing compromise and passing the CLARITY Act, stating that the bill would grant banks new authorities in custody, staking, lending, payments, clearing, and market making.
According to Digital Asset, Hyperliquid launched the AQAv2 (Aligned Quote Asset v2) mechanism on August 26, allocating a portion of the returns generated by USDC reserves on the platform toward capital accumulation, which will ultimately be directed to the Assistance Fund for secondary market repurchases and burns of HYPE to reduce its circulating supply. Under this mechanism, Circle is responsible for USDC technical deployment, while Coinbase handles reserve management; stablecoin issuers are expected to share approximately 90% of the relevant reserve returns with the protocol after deducting operating costs. Returns are accumulated on a 30-day cycle, with the initial fund transfer expected on October 3. Market estimates indicate that, based on current USDC outstanding balances and yield rates, annualized returns could reach $135 million to $160 million, although the actual repurchase scale will ultimately depend on the platform's USDC supply and reserve yields.
Odaily News: As of August, cumulative top-ups on USDC- and USDT-linked stablecoin cards have reached $13.8 billion, an increase of nearly $10 billion over the past 12 months. Stablecoin cards are shifting USDC and USDT from trading balances toward everyday consumer use cases.USDC currently leads in tracked card spending, while USDT is accelerating its catch-up. The two follow different adoption paths: USDC benefits more from fintech integrations and payment infrastructure, whereas USDT is more active across exchanges, remittances, and emerging markets.On-chain settlement also reflects a multi-chain distribution, with Base leading at approximately $1.2 billion, followed by Solana at $635 million, Polygon at $544 million, and Optimism at $509 million. Networks such as Arbitrum, Scroll, Ethereum, and Stellar are also carrying significant activity.Stablecoin cards still rely on traditional payment networks like Visa and Mastercard, shifting the competitive focus toward custody, FX costs, cashback, and capital efficiency. Meanwhile, Circle has renewed its USDC partnership with Coinbase under the original terms, excluding any dividend arrangements. (Bitcoin.com News)
Coinbase Chief Policy Officer Faryar Shirzad disclosed that Coinbase has submitted comments in response to the joint request for comments from the U.S. Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) on the definition of perpetual derivatives and alternative compliance mechanisms. Coinbase recommends classifying equity perpetual contracts as securities futures and advocates for the establishment of an alternative compliance framework to address issues such as dual registration, redundant regulatory oversight, and liquidity fragmentation between the SEC and CFTC. Coinbase noted that complex existing regulatory definitions and overlapping agency jurisdictions have kept actively traded perpetual derivatives in the U.S. market in a prolonged state of regulatory uncertainty. Clarifying product classifications and establishing a unified regulatory framework aligned with associated risks would help bring relevant products currently accessed by U.S. investors through offshore platforms under domestic regulation, while simultaneously strengthening U.S. competitiveness in financial innovation.
Odaily Block News: The first proceeds from Hyperliquid's AQAv2 mechanism are expected to enter the Hyperliquid Assistance Fund on October 3. The market anticipates the initial fund size could reach approximately $20 million, which will be used to repurchase HYPE. AQAv2, or Aligned Quote Asset v2, is a stablecoin mechanism announced by Hyperliquid in May this year, allowing stablecoins not exclusively issued by Hyperliquid—including USDC—to qualify for "Aligned" status. According to public information, AQAv2 returns the majority of stablecoin yields to the Hyperliquid ecosystem, with 90% of the proceeds allocated to the relevant mechanism and subsequently used entirely for repurchasing and burning HYPE tokens. Coinbase has been designated as the fund deployment party, with Circle responsible for technical deployment, and both parties will also stake HYPE to participate in the mechanism. Analysts estimate that this mechanism could add approximately $135 million to $160 million in annual HYPE buyback pressure.
Bitwise Asset Management has partnered with Coinbase to launch a self-custody-enabled tokenized equity portfolio product. The service allows eligible non-U.S. investors to keep assets in their personal wallets, with strategy rebalancing automatically executed by the Glider platform.
According to The Block, Bitwise has launched an automated token portfolio that allows eligible non-US users in supported jurisdictions to automatically copy and rebalance professionally designed portfolios tracking Coinbase's tokenized US stocks directly within self-custody wallets.
Stand With Crypto, a Coinbase-backed organization, has announced endorsements for 32 U.S. midterm congressional candidates, aiming to advance the passage of pro-crypto policies and influence federal digital asset legislation.
Coinbase has launched a Chainlink-based tokenized stock data feed on the Layer 2 network Base, providing developers with real-time market data and order book information.
Odaily News: Brian Armstrong posted on X platform, stating that his team, together with x402 and @CoinbaseDev, has built a feature in Slack: users can ask questions to agents in Slack; if a complete answer requires paid services, the agent will directly purchase the service. This supports micro-payments only, not subscriptions, and the answer will be returned in the same message.This way, everyone can get better and faster information without having to submit budget requests, fill out expense reports, or wait days for approval of expenses worth a few dollars.
The Stand With Crypto Alliance, a lobbying organization supported by Coinbase, announced on August 24 a list of 32 supporters for the 2026 midterm elections, including crypto-friendly politicians such as Tom Emmer, highlighting the industry's strategic positioning for the election year.
: Coinbase announced that its tokenized stocks have been natively launched on the Base chain, built on the B20 standard, with the underlying stocks actually held on a 1:1 basis by regulated custodian Alpaca through a bankruptcy-remote structure. Token holders directly own the corresponding stock ownership. Non-US users in globally compliant jurisdictions only need a wallet and an internet connection to gain US equity exposure without a brokerage account or waiting for settlement, and can trade in a 7×24 AMM pool. The first batch supports companies such as Apple and Nvidia. Tokenized stocks can be freely held, transferred, and traded, with no whitelisted wallets or platform lock-ups. Users can use tokenized Nvidia stock as collateral to borrow on Aave, or deposit Apple stock into a decentralized exchange to earn yield. Dividends and stock splits are handled through an on-chain multiplier mechanism. Ecosystem projects such as Aerodrome and Aave have publicly supported the B20 standard. Coinbase stated that more tokenized stocks will be listed in the coming weeks, and it will continue to bring other real-world assets on-chain.
Coinbase launched a tokenized cash stock service on the Layer 2 network Base, allowing users to trade tokens of publicly listed companies backed by actual shares.