Coinbase has announced support for USDC deposits and withdrawals on the Base network for New York residents. This simplifies moving USDC between Coinbase and Base, a Layer-2 scaling solution built by Coinbase. This integration offers New York users faster and cheaper transactions within the Base ecosystem. Users can now directly deposit and withdraw USDC from their Coinbase accounts to Base, leveraging the network's lower gas fees and increased transaction speeds compared to the Ethereum mainnet. The announcement, made via Coinbase's X account, marks another step towards broader adoption of Layer-2 solutions and provides New York crypto users with more efficient ways to manage their digital assets. This enhancement makes participating in the Base ecosystem more accessible to Coinbase users in New York. ```