The cynical but accurate answer as to why it makes sense for X to launch payments and other financial services via Base is that it allows them to leverage Coinbase’s expertise and positioning, while also using a structure that makes it easy to eventually launch their own L2 and monetize execution.
L2s are more easily adaptable into regulatory compliance than monolithic L1s, and they operate on top of Ethereum, the most reliable and widely adopted crypto network for stablecoins and tokenized real-world assets, and the one with the highest degree of regulatory clarity.
On top of that, there’s growing institutional consensus that Ethereum is here to stay, reinforced by adoption metrics and the caliber of players building on it, making it a strategically sound framework for long-term resource allocation.
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