Coinbase has unveiled an improved Direct Deposit feature that allows U.S. customers to automatically split their paycheck between cash and cryptocurrency investments according to their preferences. This streamlined process occurs with every payday, eliminating manual transfers or additional steps.
The upgraded tool supports allocation to USDC or any crypto asset listed on Coinbase, with zero trading fees involved. This initiative aims to simplify crypto investing by turning each paycheck into a consistent investment plan without hassle. While currently exclusive to U.S. users, Coinbase plans to extend this functionality to more regions later this year.
This enhancement aligns with Coinbase’s broader strategy to diversify revenue streams beyond transaction fees. In the first quarter, subscription and service revenues, which include features like staking, custody, stablecoins, and institutional tools, accounted for a significant portion of the company's total net income.
Separately, Coinbase’s blockchain platform Base announced a new integration allowing users to connect their Base Accounts to AI agents. Through this connection, users can interact with their crypto portfolio, swap tokens, transfer funds, and access supported applications within the Base ecosystem via AI-driven chat interfaces.
This capability is powered by Base MCP, an open standard introduced by Anthropic to enable secure AI integrations with business systems. Base MCP ensures users maintain full control over transactions, requiring explicit approval before any on-chain activity while safeguarding private keys from being accessed by AI agents or servers.
Launched publicly in 2023, the Base blockchain delivers scalable infrastructure with faster transaction speeds and lower gas fees, reinforcing Coinbase’s push to enhance user experience and expand blockchain utility.