Coinbase Embraces Monad (MON) Ecosystem with Enhanced Send & Receive Functionality

Coinbase is taking a significant step forward by integrating the ‘Send and Receive’ functionality for Monad (MON), marking a major milestone in blockchain interaction. This integration allows Coinbase users to readily transact MON within EVM-compatible chains, signaling a broader expansion of next-generation Layer 1 ecosystems. The move was celebrated by both Coinbase CEO Brian Armstrong and Monad Labs founder Keone Hon, who emphasized seamless on-chain interactions and the potential for significant ecosystem growth.