Original Article Title: "Based Weekly Issue 008"

Original Article Author: goyabean

Original Article Translation: Wenlanbo, ChoeyGit, 183Aaros

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 center of attention. From Shopify reshaping the game rules and partnering with $USDC to other breakthrough developments, the future of decentralized finance is gradually taking shape through these changes. Let's continue to dive deeper.

Shopify x Base: $USDC Payment Goes Global

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

Merchants receive their local currency by default, eliminating foreign exchange or conversion fees, and can also choose to directly claim $USDC. Reflecting the monthly multitrillion-dollar payment volume of stablecoins like $USDC, stablecoins are widely 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. With Shopify's user base spanning 175 countries and generating $60.2 billion in revenue in the first three quarters of 2024, this partnership could onboard millions of users into the crypto space. Visit shopify.com and base.org to explore this revolutionary payment system.

Coinbase and American Express Collaborate to Launch Crypto Credit Card

On June 12, 2025, Coinbase and American Express announced that they will collaborate to launch a new credit card in the fall, aiming to merge traditional finance with digital assets, marking a milestone in the crypto space. This joint effort is part of the Coinbase One membership program, offering traditional financial users the ability to earn rewards in the cryptocurrency market, and signifies a significant step in the mainstream market's direction towards cryptocurrency adoption. The partnership announcement by @coinbase and @AmericanExpress on Twitter also garnered significant attention, reflecting the community's strong interest.

The card will provide up to 4% cashback on Bitcoin purchases, with cashback rewards directly redeemable to your Coinbase wallet. This aligns with Coinbase's mission, as emphasized in recent educational initiatives, to "make cryptocurrency more accessible." With over 130 million cardholders globally, American Express's robust payment infrastructure combined with its rewards ecosystem could potentially attract millions into the cryptocurrency space. The card's launch in the fall caters to the increasing popularity of the cryptocurrency market. Additionally, according to recent market analysis, Bitcoin has seen a 150% year-on-year surge, while Ethereum has risen by 120%.

This collaboration signifies a disruptive change that connects traditional finance with decentralized assets, potentially accelerating the integration of cryptocurrency into daily consumer activities. Stay tuned for more details and join the waitlist to apply for the crypto credit card: coinbase.com/creditcard

World Chain Simplifies Access via Coinbase Onramp

USDC is on the move. The World ecosystem has received 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 fund their wallets using bank accounts and cards, effortlessly purchase USDC on Optimism, and convert USDC to native WLD Tokens for rewards through holding WLD or engaging with Mini Apps.

Recent metric 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's Onramp feature to streamline the onboarding process and aligns with the mission of "expanding the accessibility of decentralized finance globally." With trillions of dollars in monthly payments and the support 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 Participation Rewards and Robust Integration

@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 radically. Here are the ways to participate:

Early Participation in the Ecosystem:

· Turtle Club: Pre-commit selected funds to a pool and lock them until the fourth quarter to receive a high APY, part of a policy to reward early supporters.

· Katana Krates: A gamified loot box opening, offering the opportunity to win $KAT, CryptoPunks, and other rare NFTs, adding a fun and challenging element.

· Kaito Leaderboard: Increase visibility by promoting on X, boost notoriety rankings, with the top 5 earners receiving exclusive rewards.

Key Integrations:

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

· Agglayer: Manages cross-chain bridging infrastructure, ensuring seamless asset movement.

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

· Chain on Liquidity (CoL): Acts as a backstop and liquidity flywheel, stabilizing rates and reducing slippage.

Backing all of these features is vaultbridge, Katana's yield engine, deploying assets into low-risk DeFi strategies on Ethereum, generating real returns 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 secure a place in this DeFi revolution.

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

@Cookiedotfun kicked off 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, memes, promotion, and education. This 7-day sprint had no second chances, and the winners would share the distribution of this 1% token allocation. The event aimed to encourage user engagement in the growth of $ReFAi's influence, aligning with Cookie.fun's mission to reward quality content and support community participation.

This initiative is part of Cookie.fun's broader strategy of launching "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 a recent X post. An AI-driven observation and reward system ensured the event's fairness. The platform focuses on real-time, high-impact activities, such as ReFAi branding, contrasting with Kaito's more structured engagement model, potentially attracting users seeking rapid, dynamic opportunities. Given Cookie.fun's recent establishment of a partnership with Cookie DAO and its goal to expand its user base to 100,000 in the third quarter of 2025, it's evident they are at the forefront. Explore and engage: cookiedot.fun

PlaySapien: Earn Cryptocurrency by Training AI and Interacting on Base

PlaySapien offers an opportunity to train AI and earn cryptocurrency through interactive gameplay, a highly revolutionary earning opportunity. Users can earn tokens while contributing to AI development, aligning with PlaySapien's mission of democratizing AI and cryptocurrency rewards. As described in a recent X platform post, PlaySapien has attracted over 40,000 users since its launch, drawing attention to its unique model that combines education with earnings. The platform focuses on AI training, community-driven, creating a collaborative environment for users to collectively 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 earn, with a total of 2% of Token allocation as a reward for the community's most influential voices. This is a summit race 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 deeply explore Base's inclusivity and PlaySapien's role within it. The event starts at 3:00 PM ET, providing an opportunity to learn from industry leaders and engage with the Sapien Squad. Follow @PlaySapien for more information and be 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 activities now! https://app.sapien.io/join/TealPuffinLori

Coinbase Business: The All-In-One Cryptocurrency Solution for Modern Enterprises

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

Instant Global Payments

· Seamlessly send and receive global payments using USDC

· Access the trillion-dollar monthly stablecoin market

Secure Custody and Trading

· Utilize Coinbase's industry-leading security technology

· Custodying over $4 trillion in assets

· Holding 12% of the world's Bitcoin

· Ensuring enterprise digital asset security

API Automation

· Empower fund management and trading strategies through robust API automation

· Enhance operational efficiency for enterprises of all sizes

USDC Rewards

· Earn rewards on trades

· Incentivize businesses to integrate cryptocurrency into their operations

This release is aligned with Coinbase's mission to make it easier for businesses to use 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 immediate action to join the waitlist at coinbase.com/business and stay ahead.

Hot News Flash

Active loans on @base have surpassed $1 billion.

Mamo's Bitcoin Account: Helping Your Assets Grow Silently

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

The launch of this feature, reflecting a 15% user growth in Q2 2025, aligns with Mamo's mission of "Letting Cryptocurrency Serve You." With Bitcoin's YoY rise of 150%, 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

On June 12, 2025, @useBackroom unveiled a groundbreaking concept with the $ROOM token, transforming AI-curated information streams into tradable assets. In their X post, Backroom details how they are redefining the tokenization of valuable information, positioning it as a key virtual asset.

The platform leverages AI agents to observe, build, 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 pressure. Subscribers gain access through tradable Keys, and creative behavior is fully transparent, meeting the demand for valuable information.

This model disrupts the traditional Token "key" controlled chat rooms (often lacking scalability and transparency) and instead focuses on tokenized information access. $ROOM powers the ecosystem, allowing creators to earn revenue through user Key usage without dealing with moderation issues.

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

BASED WEEKLY Issue 008 comes to an end! We hope you enjoyed diving into the latest on-chain innovations, 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 have the latest edition delivered directly to your inbox. Your support drives us forward, and we appreciate every reader. Stay true to the cause. -Goyabean

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