Coinbase Wallet Rebrands to @baseapp, Emphasizing Social Features

**Base is actively hiring** for core team positions while reinforcing its permissionless philosophy. **Key highlights:** - Anyone can build, create, or trade on Base without permission - Core team positions are now available for those wanting to join officially - Jesse Pollak emphasizes the open nature of the platform The announcement reflects Base's dual approach: maintaining **permissionless access** for builders while expanding their official team structure. This hiring push suggests Base is scaling operations while staying true to its decentralized ethos.

**Towns App** is launching a new platform that integrates messaging with cryptocurrency functionality. The app combines three key features: - Group chat messaging - Built-in wallet capabilities - Tools for builders and developers This **onchain integration** allows users to handle both communication and financial transactions within a single platform. The concept transforms traditional group chats by adding native crypto wallet features. The platform aims to create unified spaces where messaging and money management coexist, potentially streamlining how communities interact with digital assets.

**Base expands global stablecoin ecosystem** with new Argentine peso-backed token from RipioApp. Jesse Pollak announced the launch at EFDevcon, continuing Base's mission to bring **every currency onchain**. - Growing trend of localized stablecoins on Base - Follows previous launches in Singapore and Australia - Part of broader push for global crypto adoption The move reflects increasing demand for **region-specific digital currencies** that maintain local purchasing power while leveraging blockchain benefits.

**Base Batches Demo Day is happening today** at EF Devcon from 1-4pm, featuring 50 finalist startups selected from over 700 applications. **Key Details:** - Final 50 teams presenting live pitches - Limited seats available for VCs, accelerators, and investors - Both in-person and livestream options available **How to Attend:** - [RSVP for in-person attendance](https://luma.com/6g5lds80) - [RSVP for livestream](https://luma.com/778dgkue) This represents a significant opportunity to **discover the next wave of builders** in the Base ecosystem, with hundreds of teams competing for investor attention.

**JP Morgan's JPMD token is now fully operational** on Base, marking a major shift from traditional banking to onchain finance. **Key developments:** - JPMD enables **instant institutional money transfers** instead of traditional multi-day processing - The world's largest bank has moved beyond experimentation to **live commercial deployment** - This represents a significant step toward **mainstream onchain banking infrastructure** **Why this matters:** Traditional bank transfers can take days to settle. JPMD allows institutions to move funds in seconds using blockchain technology. This isn't just another crypto experiment - it's **established finance embracing onchain rails** for real business operations.