{"id":835886,"date":"2025-03-22T08:11:48","date_gmt":"2025-03-22T13:11:48","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/22\/coinbase-creates-safer-way-to-interact-with-defi\/"},"modified":"2025-03-22T08:11:48","modified_gmt":"2025-03-22T13:11:48","slug":"coinbase-creates-safer-way-to-interact-with-defi","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/22\/coinbase-creates-safer-way-to-interact-with-defi\/","title":{"rendered":"Coinbase Creates Safer Way To Interact With DeFi"},"content":{"rendered":"<div id=\"page\">\n<div id=\"content_box\">\n<header>\n<div>\n<p><img loading=\"lazy\" alt src=\"https:\/\/secure.gravatar.com\/avatar\/88a6334e954018f0dfcc0c926ce81eae?s=32&#038;d=mm&#038;r=g\"  height=\"32\" width=\"32\" decoding=\"async\"><\/p>\n<p><span><span>By <a href=\"https:\/\/fullycrypto.com\/author\/phi_ma\" title=\"Posts by Philip Maina\" rel=\"author\">Philip Maina<\/a><\/span><\/span><\/p>\n<p><span><\/p>\n<p>1 day ago<span>Fri Mar 21 2025 11:03:26<\/span><\/p>\n<p><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/header>\n<p><img width=\"1300\" height=\"890\" src=\"https:\/\/fullycrypto.com\/wp-content\/uploads\/2025\/03\/Coinbase-Increases-DeFi-Safety.png\" alt=\"Coinbase-Increases-DeFi-Safety\" title decoding=\"async\" fetchpriority=\"high\" data-layzr=\"https:\/\/fullycrypto.com\/wp-content\/uploads\/2025\/03\/Coinbase-Increases-DeFi-Safety.png\">\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<div>\n<p><span><span>Reading Time: <\/span> <span> 2<\/span> <span>minutes<\/span><\/span><\/p>\n<ul>\n<li aria-level=\"1\"><span>Coinbase has created a safer way to interact with the DeFi world<\/span><\/li>\n<li aria-level=\"1\"><span>The exchange has launched Verified Pools which require users to pass through KYC verification<\/span><\/li>\n<li aria-level=\"1\"><span>Coinbase said the pools are non-custodial and ideal for both institutional and retail users<\/span><\/li>\n<\/ul>\n<p><span>Crypto <\/span><a href=\"https:\/\/fullycrypto.com\/crypto-exchange-reviews\"><span>exchange<\/span><\/a><span> Coinbase has introduced Verified Pools to make it safer for institutional and retail crypto users to interact with the <\/span><a href=\"https:\/\/fullycrypto.com\/what-is-defi-your-guide-to-cryptos-new-buzzword\"><span>DeFi<\/span><\/a><span> world. Powered by <\/span><a href=\"https:\/\/fullycrypto.com\/ethereum-2-0-a-beginners-guide\"><span>Ethereum<\/span><\/a> <a href=\"https:\/\/fullycrypto.com\/blockchain-scaling-solutions-peeling-back-the-layers\"><span>layer 2<\/span><\/a><span> Base, Verified Pools are liquidity pools that require users to go through vigorous KYC checks before being allowed access. Coinbase believes the pools promote transparency in the DeFi space, which may reduce the number of malicious actors using DeFi to launder illicit funds.<\/span><\/p>\n<h2><span>Verified Pools Promote \u201cOn-Chain Adoption\u201d<\/span><\/h2>\n<p><span>In an <\/span><a href=\"https:\/\/www.coinbase.com\/en-de\/blog\/the-future-of-onchain-Liquidity-is-here-via-coinbase-verified-pools\" target=\"_blank\" rel=\"nofollow noopener\"><span>announcement<\/span><\/a><span>, the exchange described the pools as \u201cthe future of on-chain liquidity,\u201d adding that they are part of the exchange\u2019s commitment to promote \u201con-chain adoption.\u201d According to Coinbase, the pools are powered by <\/span><a href=\"https:\/\/fullycrypto.com\/uniswap-v4-launches-on-over-ten-blockchains\"><span>the latest Uniswap iteration<\/span><\/a><span> Uniswap v4.\u00a0<\/span><\/p>\n<blockquote>\n<p dir=\"ltr\" lang=\"en\">Verified Pools is the next step in Coinbase\u2019s commitment to advancing the onchain ecosystem and generating the next wave of onchain adoption. And this is just the beginning, there\u2019s more to come.<\/p>\n<p>\u2014 Coinbase ????\ufe0f (@coinbase) <a href=\"https:\/\/twitter.com\/coinbase\/status\/1902031828912844992?ref_src=twsrc%5Etfw\">March 18, 2025<\/a><\/p>\n<\/blockquote>\n<p><span>Coinbase noted that Verified Pools presents a new standard that offers an intersection between compliance, efficiency, trust, and transparency. The pools are non-custodial meaning that users have control of their funds.<\/span><\/p>\n<p><span>Explaining how the pools work, Coinbase said that users must have an on-chain <\/span><a href=\"https:\/\/fullycrypto.com\/why-is-storing-bitcoin-so-important-and-how-to-do-it\"><span>wallet<\/span><\/a><span> \u201cwith the Coinbase Verifications credential.\u201d These credentials help authenticate a DeFi user\u2019s identity on the <\/span><a href=\"https:\/\/fullycrypto.com\/blockchain-news\"><span>blockchain<\/span><\/a><span> preventing usage by anonymous entities.<\/span><\/p>\n<h2><span>Verified Pools Available in Six Jurisdictions<\/span><\/h2>\n<p><span>Verified Pools are currently available for DeFi users in the United States, Netherlands, Channel Islands, Cayman Islands, Singapore, and British Virgin Islands. The exchange noted that the pools provide retail and institutional DeFi users with concentrated liquidity, controlled liquidity access, and autonomy.<\/span><\/p>\n<p><span>Coinbase\u2019s Verified Pools come a few days after OKX was accused of allowing Bybit hackers to move stolen funds through its DEX aggregator. It also comes when DeFi platforms like <\/span><a href=\"https:\/\/fullycrypto.com\/uniswap-launches-unichain-mainnet-to-make-defi-faster\"><span>Uniswap<\/span><\/a><span> and <\/span><a href=\"https:\/\/fullycrypto.com\/aave-announces-institutional-defi-initiative-horizon\"><span>Aave<\/span><\/a><span> are launching new features to bring more institutions to the DeFi world.<\/span><\/p>\n<p><span>With Coinbase launching Verified Pools, it\u2019s to be seen whether institutions will flock to the DeFi space due to the pools\u2019 improved compliance and transparency.<\/span><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/fullycrypto.com\/coinbase-creates-safer-way-to-interact-with-defi?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=coinbase-creates-safer-way-to-interact-with-defi\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Philip Maina<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Philip Maina 1 day agoFri Mar 21 2025 11:03:26 Reading Time: 2 minutes Coinbase has created a safer way to interact with the DeFi world The exchange has launched Verified Pools which require users to pass through KYC verification Coinbase said the pools are non-custodial and ideal for both institutional and retail users Crypto<\/p>\n","protected":false},"author":1,"featured_media":835887,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22217,23174],"tags":[],"class_list":["post-835886","post","type-post","status-publish","format-standard","has-post-thumbnail","category-coinbase","category-creates"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/835886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=835886"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/835886\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/835887"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=835886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=835886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=835886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}