Armstrong: Base blockchain transaction fees are about one-tenth of a cent
“Yeah, like in, on the base chain, at least it's about a 10th of a cent US.”
Armstrong: Base has awarded $10,000 grants to Indian developers
“Actually the base chain, we have this program called base grants, and we've given like 10,000 dollar grants to a bunch of different developers in India. And a lot of them, we actually fly them out to Silicon Valley and they do a session where they get mentorsh…”
Armstrong: Coinbase is working to launch private transactions on Base
“There's also people working on private transactions on, on base including us, for instance. So hopefully we'll be able to launch the first private transactions on base soon as well.”
Armstrong: Base is the most popular Layer 2 on Ethereum
“It's the most popular layer two on top of Ethereum now, and it's, people are using it for all kinds of apps to be built, and payment stable coins, and trading, and AI agents, like agentic commerce is happening on there.”
Armstrong: Coinbase has explored issuing a Base token to decentralize
“And we, we've made it through stage zero, stage one. We're partly, partly through the final stage of stage two. And to do that, we've explored issuing a base token and there's a path to potentially decentralizing it over time on that route.”
Armstrong: About 150 startups in India are building on Base
“There's about a 150 startups, I think, that have come out of, in India, building on top of base.”
Armstrong: Base enables sub-second USDC global transfers for under a cent
“You know, with crypto rails, you can now send money instantly less than a second anywhere in the world for less than a cent, and you can do that on the base network with USDC, for instance, and that's democratizing payments, right, and just bringing, lowering …”
Armstrong: AI Agents Will Use Base Wallets to Form an Agentic Economy
“We're also going to see AI agents have their own financial accounts, and we're powering that with the base, like, MCP API so they can have their own self-custodial wallet now and start to have a true agentic economy, paying for goods and services, hiring other…”
Lockett: Base is the largest Ethereum Layer 2 in the world
“He's not only killing it, but he's running a community, a global community for Coinbase called Base and the Base app. It's the largest Ethereum L-II in the world, and it's a community of creators and developers, and he's having a great time.”
Armstrong: Coinbase developing AI agent checkout solutions with USDC on Base
“We're working on a couple of checkout type solutions with other players that we'll announce soon where the AI agent can actually get through the checkout flow in many of these e-commerce sites and pay with USDC on base.”