Coinbase new smart wallet seeks to attract 1 billion users on-chain by solving user problems

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Coinbase crypto exchange has launched its intelligent wallet for users, with the goal of enhancing on-chain transactions by removing the need for recovery phrases and addressing other related problems. The primary objective of the smart wallet is to amass a user base of 1 billion individuals on the blockchain by resolving issues such as network costs and recovery phrases. It provides a decentralized on-chain experience without the need for gas