Coinbase launched an embedded wallet feature for all developers using the Coinbase Developer Platform (CDP) late Wednesday night, as announced by CEO Brian Armstrong.
The publicly traded cryptocurrency business has introduced a self-custodial wallet solution that integrates with Coinbase’s existing OnRamp API, giving developers full control over user experience design.
Embedded wallets are now available to everyone on the Coinbase Developer Platform (CDP). Easily add your cryptocurrency wallet to the app.
It also works well with Onramps products and other APIs. https://t.co/Sv7iRmEAuY
— Brian Armstrong (@brian_armstrong) October 16, 2025
CDP Embedded Wallet is said to eliminate the need for seed phrases, browser extensions, and pop-ups, allowing users to log in using familiar authentication methods such as email and social media accounts.
Embedded wallets integrate on-chain functionality
Coinbase said the feature will allow end users to manage their own wallets and will not allow developers to manage their assets. This setup could allow builders to integrate blockchain functionality into payment systems, games, social platforms, and marketplaces.
Developers interested in using embedded wallets must have a free CDP portal account and an active project. Coinbase recommends Node.js 22 or later, a compatible package manager like npm, and basic knowledge of React and TypeScript. Additionally, you must configure the domain within the portal before deployment.
The cryptocurrency exchange offers US-based developers an annual USDC reward of 3.85%, which applies to balances held in embedded wallets, smart accounts, and server wallets.
CDPs and embedded wallets: how the system works
CDP authenticates users who log in via email, OTP, or social login and immediately generates a wallet associated with the session. Users can send, exchange, or stake assets and interact with decentralized apps without directly handling their private keys. Temporary wallet secrets are stored locally on your device and cannot be accessed by Coinbase or any third party.
Users can also securely access their wallets on up to five devices per account, subject to privacy standards.
in web page Coinbase listed several use cases for the embedded wallet when announcing this product, including instant peer-to-peer transactions for crypto-based merchant checkouts with a built-in fiat ramp.
Social app developers can create embedded wallets to collect chips or trade digital items directly within the interface, and marketplaces can simplify checkout and NFT transactions. DeFi applications with wallets can bridge lending, borrowing, and yield farming services.
The embedded wallet supports several blockchain networks, including all EVM-compatible chains such as Base, Ethereum, Arbitrum, Polygon, and Optimism. The platform also offers full compatibility with Solana and supports both mainnet and devnet environments.
Coinbase partners with Amex to launch credit card
Alongside the launch of CDP Embedded Wallet, Coinbase is preparing to introduce a new American Express credit card in the US this fall called Coinbase One Amex. The card is only available to subscribers of the company’s Coinbase One membership program.
Sources familiar with the product say Coinbase Amex cards will be etched with data from the Genesis block, the first block mined by Bitcoin founder Satoshi Nakamoto on January 3, 2009.
Cardholders can earn up to 4% BTC cashback on purchases, and the reward rate varies depending on the user’s Coinbase holdings. The card has no foreign transaction fees, and users can pay off their balances using linked bank accounts or cryptocurrencies stored on the platform.
As with most American Express products, holders have exclusive access to the company’s events and promotions. Bitcoin rewards earned through spending will not appear on 1099 tax forms, but tax liability may apply if those rewards are later sold, Coinbase said.
Elsewhere, cryptocurrency exchanges revealed On Wednesday, it announced a new investment in CoinDCX, one of India’s largest digital asset platforms. According to CoinDCX, the deal gives the company a post-money valuation of $2.45 billion.