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Coinbase Wallet is about to launch a "Tap to Pay" encryption solution

On November 14, it was announced that Coinbase Wallet will soon launch a "Tap to Pay" encryption solution, joining the competition with Cash App, Venmo, PayPal and other fast payment companies. Jesse Pollak, head of Coinbase Wallet and founder of Base, revealed in an interview that the feature is "currently in the internal alpha stage" and that full release is "imminent." "Tap to Pay will bring huge development, especially for long-tail merchants who may currently be using Cash App, Venmo or PayPal," he said at the DevCon conference in Bangkok on November 13. In addition, Pollak hopes to integrate 50 national markets into Coinbase Wallet by the end of 2025. Pollak noted that part of the integration will involve connecting user bank accounts to Coinbase wallets.。

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