Coinbase has launched a new product called Embedded Wallets to help developers add self-custodial crypto wallets directly into their apps with very little coding.
This new wallet software development kit (SDK) lets developers offer users full crypto wallets without needing browser extensions. It also allows easy integration of crypto features like onramps (to buy crypto) and swaps (to trade crypto).
The Embedded Wallets run on the same secure system as Coinbase’s decentralized exchange accounts. They include strong key management, meet compliance standards, and work well with other Coinbase tools like MagicSpend and Onramp.
Users can log into these wallets using common methods such as email, SMS, or OAuth. The wallets enable self-custody by default, meaning users control their own funds.
Developers can add these wallets with just a few lines of code. They can also choose to keep or pass on the 4% yield offered on USDC tokens in Coinbase Wallet.
Coinbase says this launch comes at a time when U.S. regulations are becoming clearer, making it easier to build compliant crypto apps.
Several developers are already using Embedded Wallets in decentralized apps, games, and consumer platforms.
