Coinbase launches Verified Pools for secure on-chain trading
Coinbase has unveiled a new liquidity solution called verification of pools which aims to make trading in chain safer and more transparent for institutional and detail users.
Functionality, which was announcement On March 18, lowered the risks of consideration while preserving decentralization by combining the verification of identity with liquidity pools. Decentralized finance has enabled users to exchange assets without the need for middlemen, but because fund suppliers are anonymous, liquidity pools have often been risky.
To solve this problem, the verified pools force users to connect their Coinbase portfolio, their ONCHAIN Prime wallet or their third -party wallets using a Coinbase Verifications ID. This gives chain transactions an additional layer of confidence, ensuring that liquidity suppliers are verified.
Uniswap based (UNITED) V4 protocolCheck Pools uses “hooks” to allow advanced smart contract features, allowing trading features that can be personalized. In addition, the platform has teamed up with Gauntlet to optimize the health of the liquidity pool.
Transactions occur on the basis, the layer 2 network of Coinbase, which helps reduce costs and improve speed. Currently, Verified Pools is available in the United States, Singapore, the Netherlands, the British Virgin Islands, the Cayman Islands and the Anglo-Norman Islands.
For institutions, Verified Pools offers concentrated liquidity and controlled access, ensuring that only verified users can provide or exchange assets. For a safer trade environment, institutions can communicate via APIs or the ONCHAIN PRIME portfolio.
Retail merchants can also use checked pools for direct trade and without intermediary with verified liquidity. Users can transform while maintaining a complete control over their assets by linking a portfolio.
The launch comes at a time to renew the interest for Coinbase. A research analysis of Bernstein, as reported By Yahoo finance on March 18, predicted that the Coinbase stock could increase by more than 60% and reach $ 310, citing the United States favorable regulatory Changes. The report called Coinbase “Amazon of the crypto” and underlined its strong position as a leader in cryptographic infrastructure.
Trump’s recent Pro-Crypto initiatives, such as his executive decree to establish a bitcoin reservehave also raised hopes for the future of industry. As Coinbase increases his ecosystem on a chain, he seems ready to take advantage of these developments.
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