Based Weekly Issue 8: From USDC Payments to AI Earnings, Innovative On-Chain Opportunities Abound

Blockbeats
06-20
Original Article Title: "Based Weekly Issue 008"
Original Article Author: goyabean
Original Article Translation: Wenlanbo, ChoeyGit, CBB Chinese Based Builders

Welcome to the 8th edition of the "Based Weekly," your go-to source for the latest news in the Base ecosystem, insights into on-chain innovative projects, and exploration of development trends. This week, at the recent crypto summit, we witnessed some major news in the crypto space, with Base at the forefront. From Shopify reshaping the rules of the game with its partnership with $USDC to other groundbreaking developments, the future of decentralized finance is gradually taking shape through these changes. Let's continue to delve deeper.

Shopify x Base: $USDC Payment Goes Global

This crypto summit was a stage for transformative announcements, with the most notable being Shopify's announcement on June 13, 2025, of its partnership with Base to accept $USDC payments. This collaboration, supported by Coinbase and Stripe, marks a key moment for global commerce. With over 5.54 million active e-commerce stores globally and 4.6 million daily active users, the partnership allows merchants to seamlessly accept stablecoin payments. Customers can use hundreds of crypto wallets through Base, pay with $USDC, and complete the payment via visitor checkout and Shop Pay without the need for additional services.

Merchants receive their local currency by default, eliminating foreign exchange or conversion fees, and can also choose to claim $USDC directly. The monthly multi-trillion dollar payment volume of stablecoins like $USDC has made stablecoins highly trusted globally. Shopify's vision of frictionless, borderless payments aligns with Base's mission to expand the Ethereum ecosystem, making on-chain transactions as simple as traditional transactions. Shopify's user base spans 175 countries and generated $60.2 billion in revenue in the first three quarters of 2024, and this partnership could bring millions of users into the crypto space. Visit shopify.com and base.org to explore this revolutionary payment system.

Coinbase and American Express Partner to Launch Crypto Credit Card

On June 12, 2025, Coinbase and American Express announced that they will be partnering to launch a new credit card in the fall, aiming to integrate traditional finance with digital assets, marking a milestone advancement in the crypto space. This collaboration is part of the Coinbase One membership program, providing traditional financial users with the ability to earn rewards in the cryptocurrency market, signaling a significant step forward for mainstream adoption of cryptocurrency. The partnership announcement by @coinbase and @AmericanExpress on Twitter has also garnered a lot of attention, reflecting the community's strong interest.

The card will offer up to 4% cash back on Bitcoin purchases, with cash back rewards directly redeemable to your Coinbase wallet. This aligns with Coinbase's mission highlighted in recent educational initiatives of "making cryptocurrency more accessible." With over 130 million cardholders globally, American Express's robust payment infrastructure and rewards ecosystem could potentially onboard millions into the cryptocurrency space. The card's fall launch caters to the growing popularity of the cryptocurrency market. Additionally, according to recent market analysis, Bitcoin has seen a 150% year-over-year increase, while Ethereum has risen by 120%.

This partnership represents a disruptive change, bridging traditional finance with decentralized assets, and may accelerate the development process of cryptocurrency integration into daily consumption. Stay tuned for more details and join the waitlist to apply for the crypto credit card: coinbase.com/creditcard

World Chain Simplifies Access through Coinbase Onramp

USDC is making moves. The World ecosystem has seen a significant update as @world_chain_ announced on June 9, 2025, that U.S. users can now seamlessly enter the decentralized economy through the Coinbase Onramp. This feature is directly integrated into the World App, allowing users to recharge wallets directly using bank accounts and cards, easily purchase USDC on Optimism. Users can also convert USDC to native WLD Tokens, earning rewards through holding WLD or engaging with Mini Apps.

Recent metrics data reveals that this update is a milestone event in World Chain's development, enhancing the accessibility of its 1.5 million monthly active users. This integration leverages Coinbase's developer platform Onramp capabilities, streamlining the onboarding process and aligning with the mission of "expanding the reach of decentralized finance globally." With trillions of dollars in monthly payments and the backing of the highly liquid asset USDC, it ensures a stable and scalable entry point. Visit world.org to learn about this new feature and get more information: https://www.coinbase.com/developer-platform/discover/launches/worldcoin-on-onramp

Katana Network: Early Adopter Rewards and Powerful Integrations

@Katana_Network released a major update on June 14, 2025, outlining how to participate in app.katana.network before the public mainnet launch. Katana, incubated by Polygon Labs and GSR (Base users can access $USDC), focuses on deepening liquidity and creating high yields to transform DeFi completely. Here are ways to participate:

Early Adopter Ecosystem Opportunities:

· Turtle Club: Pre-deposit into selected pools and lock until Q4 for a high annual rate, following a policy to reward early supporters.

· Katana Krates: Gamified loot box openings offering a chance to win $KAT, CryptoPunks, and other rare NFTs, adding fun and challenging elements.

· Kaito Leaderboard: Increase visibility by promoting on X to boost ranking, where the top 5 earners receive exclusive rewards.

Key Integrations:

· Morpho: Lending layer on Ethereum and Katana, enhancing borrowing opportunities.

· Agglayer: Powering cross-chain bridge infrastructure to ensure seamless asset movement.

· Sushi: Enhanced AMM (Automated Market Maker) on Katana, optimizing liquidity and trading.

· Chain-of-Liquidity (CoL): Backstop and liquidity flywheel, stabilizing rates and reducing slippage.

Supporting all the above features is vaultbridge, Katana's yield engine, deploying assets into low-risk DeFi strategies on Ethereum to generate real yields that can flow back into the network. With the launch of Katana's private mainnet and the imminent public release, now is the opportunity to explore app.katana.network and take a seat in this DeFi revolution.

Cookie.fun's ReFAi Branding Event: 7-Day Reward Sprint

@Cookiedotfun launched the ReFAi branding event on June 13, 2025, allocating 1% of the $ReFAi supply to the top 25 most active influencers, who promoted the project through tweets, discussions, emojis, promotion, and education. This 7-day sprint event has no second chances, and the winners will share the 1% token allocation. The event aims to encourage user participation in the growth of $ReFAi's influence, aligning with Cookie.fun's mission to reward quality content and support community engagement.

This initiative is part of Cookie.fun's broader strategy of introducing "instant events," positioning itself as a primary competitor to Kaito. Since the event's launch, Cookie.fun has garnered significant attention, with over 50,000 users participating, as per recent X posts, showing AI-driven monitoring and reward systems ensuring event fairness. The platform focuses on real-time, high-impact events like ReFAi branding, contrasting with Kaito's more structured engagement model, likely appealing to users seeking quick, dynamic opportunities. With Cookie.fun's recent establishment of a partnership with Cookie DAO and its goal to expand its user base to 100,000 in Q3 2025, they are evidently at the forefront of trends. Explore and engage at cookiedot.fun

PlaySapien: Earn Cryptocurrency by Training AI and Interacting on Base

PlaySapien provides an opportunity to train AI and earn cryptocurrency through engaging in interactive games, offering a revolutionary profit potential. Users can earn tokens while contributing to AI development, aligning with PlaySapien's mission of democratizing AI and cryptocurrency rewards. As highlighted in a recent X platform post, PlaySapien has attracted over 40,000 users since its launch, gaining attention for its unique model that combines education with earnings. The platform focuses on AI training, community-driven, creating a collaborative environment for users to shape the future of technology.

Sapien SNAPS Event on Cookie.fun

On June 13, 2025, @PlaySapien announced the Sapien SNAPS event on @Cookiedotfun, where participating users will become Sapien Snappers and climb the leaderboard. To participate in the event, visit cookie.fun/tokens/sapien and create exciting content about PlaySapien. The higher the engagement, the more SNAPS you will receive, with a total of 2% of Token allocation as a fund to reward the most influential voices in the community. This is a climbing competition with real-time leaderboard updates.

Spaces Event on June 17

On June 17, 2025, @PlaySapien will host a Spaces event on the X platform, delving into why Base is for everyone. The event features a star-studded lineup, including @Toshi_base, @davidtsocy, @taowatts, @RowanRK6, and @trevorkoverko. This conversation will explore Base's inclusivity and PlaySapien's role within it. The event starts at 3:00 PM EST, offering an opportunity to learn from industry leaders and engage with the Sapien Squad. Follow @PlaySapien for more information and get ready to participate in this important dialogue.

PlaySapien combines AI training, competitive events, and community gatherings, making it a key player in the Base ecosystem. Explore Sapien events now! https://app.sapien.io/join/TealPuffinLori

Coinbase Business: The All-in-One Cryptocurrency Solution for Modern Business

On June 12, 2025, @CoinbaseBiz launched Coinbase Business, a one-stop cryptocurrency account designed for modern businesses. The platform offers the following features:

Instant Global Payments

· Seamlessly send and receive global payments using USDC

· Tap into the multi-trillion-dollar stablecoin market monthly

Secure Custody and Trading

· Utilize Coinbase's industry-leading security technology

· Custodying over $4 trillion in assets

· Holding 12% of the global Bitcoin supply

· Ensuring the security of corporate digital assets

API Automation

· Enhancing fund management and trading strategies through powerful API automation

· Boosting operational efficiency for businesses of all sizes

USDC Rewards

· Earn rewards for transactions

· Incentivize businesses to integrate cryptocurrency into their operations

This release aligns with Coinbase's mission to make it easier for businesses to adopt cryptocurrency, with a 30% growth in enterprise accounts in Q1 2025. With over 100 million users and operations in 100+ countries, Coinbase Business is poised to onboard a new wave of enterprises into the crypto economy.

Take action now to join the waitlist at coinbase.com/business and stay ahead.

Hot News Update

Active loans on @base have surpassed the $1 billion mark.

Mamo's Bitcoin Account: Empowering Your Assets to Grow Passively

@Mamo_agent announced on June 11, 2025, that you can now deposit Bitcoin into Mamo and let it grow automatically. Mamo's Bitcoin account provides a simple, stable way to earn more Bitcoin through passive growth in the background, without trading or managing spreadsheets.

The launch of this feature, reflected in a 15% user base growth in Q2 2025, aligns with Mamo's mission of "Let cryptocurrency work for you." With Bitcoin witnessing a 150% year-on-year surge, Mamo's automated growth approach could change the game for long-term holders. Explore more at: mamo.bot

Backroom's $ROOM: The Next Major Virtual Asset in AI-Curated Information Space

@useBackroom launched a disruptive concept Token $ROOM on June 12, 2025, making AI-curated information streams tradable assets. In their X post, they elaborate on how Backroom is redefining the tokenization of valuable information, positioning it as a key virtual asset.

The platform leverages AI agents to observe, construct, and analyze insights in real time, providing creators with a way to curate information without the need to engage in chat room management and social pressures. Subscribers gain access through tradable Keys, and creative behaviors are fully transparent, meeting the demand for valuable information.

This model disrupts the traditional Token "key to the room" controlled chat rooms (often lacking scalability and transparency), focusing instead on tokenized information access. $ROOM powers the ecosystem, enabling creators to earn revenue from users accessing information through Keys without having to deal with moderation issues.

Given Backroom's recent rapid user growth (as reflected in discussions on X, with monthly active users reaching 100,000) and plans to expand active users to 500,000 by Q4 2025, $ROOM has the potential to become a cornerstone of the virtual asset narrative. Explore more here: https://backroom.tech

BASED WEEKLY Issue 008 concludes here! We hope you enjoyed diving into the latest in on-chain innovation, from Shopify's $USDC integration to Coinbase's new business tools, and the explosive growth of the Virtuals Protocol. If you found value in this issue, consider subscribing on Paragraph to receive the latest directly in your inbox. Your support drives us forward, and we appreciate every reader. Stay true to your roots. -Goyabean

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