On May 29, PANews reported that Coinbase has launched CDP Wallets, allowing developers to create programmable, non-custodial wallets through an API without needing to manage private keys. CDP Wallets utilize a Trusted Execution Environment (TEE) in AWS Nitro Enclaves to handle sensitive operations, ensuring that private keys are never exposed, not even to Coinbase itself. The wallets support EVM chains, Solana, and EIP-712 structured message signing, making them suitable for scenarios like DeFi bots, on-chain AI, payments, and corporate treasuries. Developers in the U.S. holding a balance can earn an annualized 4.1% USDC yield without needing to stake or lock up their funds.
