$4.8B in stables and ~$4.1B of DeFi TVL already sit on Base, so desktop Base App is less about screen size than letting Coinbase own the default route from fiat balance to swap, payment, and mini-app. If the web app makes Base accounts feel closer to a brokerage tab than a wallet extension, Uniswap/Phantom/MetaMask lose some top-of-funnel while Base gets cleaner orderflow and payment volume. The tradeoff is obvious: better UX and distribution, but more onchain retail passing through Coinbase’s policy layer before it ever touches a protocol.

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