Catenaa, Monday, June 02, 2025-Coinbase unveiled a new wallet infrastructure called CDP Wallets on Wednesday, offering developers full control over digital asset management without the burden of key handling or infrastructure maintenance.
Now in open beta, CDP Wallets allow developers to create self-custodied, programmable wallets via API while sidestepping private key management.
The solution relies on Trusted Execution Environments (TEEs), notably AWS Nitro Enclaves, to secure sensitive operations, ensuring that unencrypted private keys are never exposed—even to Coinbase itself.
Traditionally, developers have faced a dilemma between control and convenience, having to choose between managing private keys with technical overhead or relying on custodians and losing flexibility.
Coinbase says its new offering eliminates that tradeoff, empowering developers to sign and manage transactions entirely through scoped API credentials without deploying signers or using multi-party computation (MPC).
The wallets are designed to integrate seamlessly with existing tools like viem, wagmi, and ethers.js. Supported features include EVM chains, Solana, and EIP-712 typed message signing, which enables structured interactions with smart contracts.
Ideal use cases include DeFi bots, onchain AI agents, payments platforms, and enterprise treasury management systems.
U.S. developers can earn 4.1% annual yield in USDC rewards on idle balances held in CDP Wallets—no staking or lockups required.
Coinbase described the offering as a milestone for the next wave of blockchain applications, calling CDP Wallets “programmable, policy-enforced, and invisible to the end user.”
Coinbase debuts CDP Wallets with no key management needed.
Devs get programmable control via API, backed by AWS Nitro Enclaves.
Supports EVM, Solana, typed signing; yields 4.1% USDC in idle funds.
Ideal for DeFi, AI agents, payments, and enterprise finance systems.
Coinbase launches CDP Wallets for devs to skip key management.
