Coinbase Payments has joined the Open Intents Framework to help standardize and simplify cross-chain asset transfers across Ethereum and its Layer 2 networks. Coinbase Payments has joined the Open Intents Framework (OIF) as a core contributor, collaborating with dozens of…Coinbase Payments has joined the Open Intents Framework to help standardize and simplify cross-chain asset transfers across Ethereum and its Layer 2 networks. Coinbase Payments has joined the Open Intents Framework (OIF) as a core contributor, collaborating with dozens of…

Coinbase joins Ethereum Foundation to back Open Intents Framework for cross-chain interoperability

Coinbase Payments has joined the Open Intents Framework to help standardize and simplify cross-chain asset transfers across Ethereum and its Layer 2 networks.

Summary
  • Coinbase joins over 30 contributors to advance permissionless, secure cross-chain operations.
  • The Open Intents Framework enables developers to quickly build intent-based applications using its modular components like solvers, smart contracts, and UI templates.
  • Users can move assets and data seamlessly across Ethereum L2s, with solvers automatically executing transactions.

Coinbase Payments has joined the Open Intents Framework (OIF) as a core contributor, collaborating with dozens of L2 teams to develop open standards for secure, permissionless cross-chain asset transfers.

Through the OIF, developers and projects on Ethereum can leverage OIF’s modular components—such as solvers, smart contracts, and UI templates—to quickly build and deploy intent-based applications without creating infrastructure from scratch.

For users, this means assets and data can move seamlessly between different Ethereum networks and Layer 2 solutions. They can simply express an “intent,” like swapping tokens across chains, and a specialized agent, called a solver, executes the transaction automatically.

“The framework is a critical step toward mainstream applications like ecommerce, where cross-chain payments can feel as seamless as today’s web experiences, while benefiting from the security of the Ethereum network,” said Coinbase in a post on X.

Coinbase Open Intents Framework

Launched in February by the Ethereum Foundation, the OIF aims to unify the Ethereum Layer 2 ecosystem. It builds on standards like ERC-7683, which define how intents are created, executed, and settled, enabling fast, seamless cross-chain operations across Ethereum and its L2 networks.

Coinbase marks the latest addition to the initiative, which has grown to include over 30 contributors, including major Layer 2 solutions like Arbitrum, Optimism, zkSync, and Scroll, as well as cross-chain protocols like LI.FI. Other participants, such as Wonderland, Taiko, and Across Protocol, have integrated OIF modules to simplify cross-chain asset transfers and experiment with new order types, such as cross-chain Dutch auctions.

Market Opportunity
CROSS Logo
CROSS Price(CROSS)
$0.13866
$0.13866$0.13866
-2.41%
USD
CROSS (CROSS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

ADA Price Prediction: Here’s The Best Place To Make 50x Gains

ADA Price Prediction: Here’s The Best Place To Make 50x Gains

But while Cardano holds steady, Remittix is turning into the breakout story of 2025. Having raised over $25.9 million from […] The post ADA Price Prediction: Here’s The Best Place To Make 50x Gains appeared first on Coindoo.
Share
Coindoo2025/09/18 01:53
UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future

UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future

The post UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future appeared on BitcoinEthereumNews.com. Key Highlights Microsoft and Google pledge billions as part of UK US tech partnership Nvidia to deploy 120,000 GPUs with British firm Nscale in Project Stargate Deal positions UK as an innovation hub rivaling global tech powers UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future The UK and the US have signed a “Technological Prosperity Agreement” that paves the way for joint projects in artificial intelligence, quantum computing, and nuclear energy, according to Reuters. Donald Trump and King Charles review the guard of honour at Windsor Castle, 17 September 2025. Image: Kirsty Wigglesworth/Reuters The agreement was unveiled ahead of U.S. President Donald Trump’s second state visit to the UK, marking a historic moment in transatlantic technology cooperation. Billions Flow Into the UK Tech Sector As part of the deal, major American corporations pledged to invest $42 billion in the UK. Microsoft leads with a $30 billion investment to expand cloud and AI infrastructure, including the construction of a new supercomputer in Loughton. Nvidia will deploy 120,000 GPUs, including up to 60,000 Grace Blackwell Ultra chips—in partnership with the British company Nscale as part of Project Stargate. Google is contributing $6.8 billion to build a data center in Waltham Cross and expand DeepMind research. Other companies are joining as well. CoreWeave announced a $3.4 billion investment in data centers, while Salesforce, Scale AI, BlackRock, Oracle, and AWS confirmed additional investments ranging from hundreds of millions to several billion dollars. UK Positions Itself as a Global Innovation Hub British Prime Minister Keir Starmer said the deal could impact millions of lives across the Atlantic. He stressed that the UK aims to position itself as an investment hub with lighter regulations than the European Union. Nvidia spokesman David Hogan noted the significance of the agreement, saying it would…
Share
BitcoinEthereumNews2025/09/18 02:22
The WCT team's wallet is suspected of receiving $420,000 worth of WCT tokens.

The WCT team's wallet is suspected of receiving $420,000 worth of WCT tokens.

PANews reported on December 30th that, according to onchainschool.pro, from last night to early this morning, $420,000 worth of WCT tokens were withdrawn from multiple
Share
PANews2025/12/30 11:30