Coinbase Adds Solana DEX Trading with USDC and Bank Payment Support
Coinbase rolled out in-app Solana DEX trading on Dec. 11, 2025, letting users execute on-chain swaps for SOL and other Solana assets while sending and receiving USDC. The integration supports bank payments to fund trades and deliberately avoids a traditional custodial framework, routing transactions directly on Solana rather than holding funds in a custodial pool.
The move brings native Solana DeFi access to Coinbase’s mainstream user base, which could increase liquidity and lower friction for USDC-denominated payments and swaps. For users it promises a faster, lower-cost alternative to some Ethereum flows; for the market it further embeds SOL and USDC into larger retail rails. Regulators and custody-focused counterparties will likely scrutinize the noncustodial angle as exchanges expand on-chain services.