Coinbase Outage Map

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Coinbase Issues Reports

Latest outage, problems and issue reports in social media:

• 
  Coin Bureau (@coinbureau) reported 4 minutes ago

  🔥CIRCLE CEO FIRES BACK AS COINBASE AND 140+ FIRMS BACK OUSD RIVAL Jeremy Allaire said the model behind Open USD is one he already tried, one that "ran into endless challenges". OUSD plans to give away nearly all its profits to partners, directly challenging USDC’s business model. Allaire said Circle will keep supporting different products and infrastructure, “even when we might compete.” “And we do not intend to slow down.”

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  *****.C (@WillyChuang) reported 5 minutes ago

  The Four RWA Equity Markets Nobody Talks About Separately Everyone calls it "tokenized stocks." It's four different products stacked under one name. Same ticker on the screen, completely different things underneath. 1. Real Shares. Token = the share. Voting, dividends, corporate actions. Superstate, Dinari, Binance Stocks (Alpaca-cleared), Coinbase in August. Closest thing to Robinhood, onchain. Winner path is licensing. 2. Contractual Claim. Not a share. A secured claim on an SPV. Ondo Global Markets leads with >70% issuer share, $1B+ TVL, 260+ assets, proxy voting via Broadridge. The interesting middle ground. 3. Tracker Certificate. Bearer cert that tracks price. Collateral "may not always" be the underlying. xStocks broadest distribution, $25-30B cumulative, 160k+ holders. Most liquid on paper. Structurally weakest under stress. 4. Perps. Cash-settled against a Nasdaq oracle. Zero claim on the company. Hyperliquid leads, ~$525B RWA perp volume in Q1 across venues. What global retail actually wants. SpaceX was the sorting event. IPO 3.5-4x oversubscribed. $1B+ in tokenized orders. Binance, Bybit, Bitget all refunded. Binance alone $557M across 27k+ wallets. Tokenization can't conjure shares out of thin air. Tracker certs got exposed and trust just cracked in one week. Liquidity is the next big problem. Any real clip will see 50bps+ slippage plus broker fees. Only clean venue is Ondo direct, and that gates you through KYC. Tokenized equity today is structurally worse execution than TradFi for anyone bringing size. Two paths forward, and they don't converge. Real settlement is a licensing race (Alpaca, Broadridge, IBKR rails). Slow, permanent and US native. Derivatives are regulatory arb, 24/7 global high leverage. Faster growth as long as real shares stay gated. It's just what traders want. $525B traded in Q1. Where TrueNorth sits. Whichever structure wins, the trader problem doesn't change. Read charts, weigh positioning, run confluence, size the trade. Whether the underlying is a Dinari share, an Ondo claim, an xStock cert, or a Hyperliquid perp, the reasoning above the trade is identical. Our intelligence layer works across all four.

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  Dustin Kricheff (@DKricheff) reported 5 minutes ago

  @brian_armstrong What's innovation without customer support =innovation. If coinbase and morpho aren't taking 4.3 amd giving to someone else. Isn't that laundering. How is 24k penalty realistic in real world.

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  Weezy (@WeezyTheDuke) reported 8 minutes ago

  @dylanmallman @beinlibertarian coinbase is no better … they just shut down my account didn’t tell me why and told me i can still withdraw my account but could not tell me why they shut it down .. i gamble a bit but nothing more nefarious than that

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  rezz (@shaduf_bucket) reported 9 minutes ago

  The stablecoin wars are heating up 🔥 Stripe, Coinbase AND BlackRock teaming up on Open USD is a massive shot at USDC. Letting partners keep reserve income is a genius move imo. Circle down 13% says it all. Can USDC hold its throne? 👀 #stablecoins

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  Alvarez crypto (@Alvarez__Crypto) reported 10 minutes ago

  140 companies announcing a stablecoin is not the same as 140 companies building one. Here's the test Open USD has to pass before it means anything. The distinction everyone is missing: SWIFT became critical infrastructure because every bank needed a common messaging network and had no alternative. Visa and Mastercard became global networks because issuers, acquirers, merchants, and consumers all had aligned incentives to participate. Open USD is trying to create the same network effect for programmable money. But networks are not announced into existence. They are earned. Integration by integration. Jurisdiction by jurisdiction. Use case by use case. A coalition is not a network. It is an attempt to build one. The three tests that actually matter: Test one — governance. Visa, Mastercard, Stripe, Coinbase, BNY, Google, Ripple, and 133 other companies do not want the same things. Some will prioritise merchant acceptance. Others will care about custody, compliance, FX, liquidity, or disintermediation. Some will want aggressive expansion. Others will want regulatory caution. Can Open Standard make decisions quickly enough to compete with issuer-led stablecoins — where one company makes the call — while staying inclusive enough to keep 140 partners aligned? That is the hardest governance problem in finance right now. The Paxos Global Dollar Network tried a similar model in late 2024. It has $3 billion in supply today. USDT has $145 billion. USDC has $73 billion. Consortiums can create neutrality. They can also create paralysis. Test two — regulation. Open USD complying with U.S. rules is step one. Global corporate adoption depends on how regulators in Europe, Asia Pacific, Latin America, the Middle East, and Africa treat reserves, redemption rights, licensing, consumer protection, sanctions screening, and settlement finality. The EU's MiCA framework is live but still evolving. Japan's three megabanks just launched their own yen stablecoin. 37 European banks are building Qivalis. Every jurisdiction is moving simultaneously and none of them are waiting for Open Standard to define the standard. Test three — enterprise integration. Businesses will not adopt OUSD because it is open. They will adopt it if it reduces reconciliation burden, fits into existing ERP and treasury systems, improves liquidity, and works with counterparties they already trust. That requires showing up inside merchant acquiring, payouts, remittances, working capital, FX, treasury workflows, and embedded finance. That work is not done in a press release. It is done in 18 months of integration meetings with enterprise procurement teams. The three signals to watch over the next 12-24 months: One: Real transaction volume. Not partner logos. Production payment flows. Two: Governance transparency. Board structure, voting rights, dispute resolution, reserve attestation cadence. If these are not published clearly within 90 days, the consortium cohesion is already breaking. Three: Enterprise integration depth. The moment Open USD appears inside a major merchant acquiring or treasury workflow is the moment it stops being an experiment. My read: Circle down 17.55% in one session tells you the market is pricing this as a real threat. But Circle has $73 billion in USDC supply, a $900 million annual distribution deal with Coinbase that just got complicated, and years of enterprise integration depth. Open USD has logos and a model. The model is correct. The economics are better for partners than anything Circle or Tether offers. But the model has to survive contact with 140 companies that will eventually disagree on something important. The stablecoin that wins the next decade will not be the one with the best launch day coalition. It will be the one that processes the most real transactions in the most enterprise workflows by 2027. Watch the volume. Not the press release. This analysis was shared in Alpha Hunters before the move.

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  VIX (@VictoriaMorantX) reported 13 minutes ago

  @CoinMarketCap That’s why Coinbase was up Elons ***. They are working with the government to scam and freez peoples assets. It’s a KNOWN FACT IN CRYPTO community. You do NOT HOLD COINS on exchanges ESPECIALLY COINBASE. they will FREEZ YOUR ASSETS.

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  Rob Leder (@rleder) reported 13 minutes ago

  @TheBlueMatt I don’t think it’s a bug so much as some recipients not knowing (or caring) how to manage their inbound liquidity. For example, I literally never have any problem paying a Bitrefill invoice of any size, but attempts to move even tiny amounts to Coinbase nearly always fail.

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  KM 🔶 Crypton (@KMCrypton) reported 16 minutes ago

  @AptosLabs @coinbase @Aptos Most people don’t think about security until it’s already a problem

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  Eric Turner (@eric_turner) reported 18 minutes ago

  This is the best post I’ve seen about OUSD and deserves more attention - Circle and Coinbase agreement is likely to end - Stripe distribution makes it a real competitor - Consortiums suck and they move slow - Too many stablecoins (bad now but gets better with tech)

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  Ol’ Timey (@BruceBa56071641) reported 20 minutes ago

  @zavanchy @WNBA sucks @coinbase ... can you help?

• 
  AX1 (@ax1vc) reported 28 minutes ago

  @0xJeff The June chart measures calls, not dollars. Calls climbed roughly 5x. Dollar volume moved up closer to one and a half times. A single call dropped to fifteen cents, and the market beneath grew only a fraction of what that call count suggests. Five hundred thousand calls a day at that price comes down to seventy-five thousand dollars exchanged. Under thirty million a year, for the entire x402-on-base movement pointed at by all parties. The rail captures almost none of this. X402 is an open standard. Anyone can run a facilitator, and the revenue is competed to zero. The fifteen cents go to whoever serves the inference. The thing that matters at this level is not the moving transaction but the static balance. Every agent's wallet funded to make those calls is holding idle usdc, and making money on idle usdc is a legitimate business model. Circle makes somewhere around two and a half billion a year on seventy-odd billion of float, and pays more than half of that to Coinbase for the distribution service alone. The rail moves under thirty million and captures none of it. The party that does little but distribute the dollar outperforms the rail by two orders of magnitude. The capture works under a default, not a law. Regular old usdc is the balance an agent parks, because there is nothing else to tell it to do. An agent optimized for costs pushes idle dollars into something yielding, and an agent economy developed further eats away at the default. The question of the hour is not if payments happen on base. It is who owns the idle-balance layer once agents stop being wasteful. Blockrun doing seven million of ten million txns is legitimate demand. The thing that survives the price war isn't the routing. You price that as cheap-by-fraction yourself. It's the supply that cannot be substituted, the high-premium data and tools that don't multi-route. Whether a v2 retains that layer, I do not know yet.

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  Jpgs.eth (@Jpgs_eth) reported 31 minutes ago

  2/ Venice's structure maps exactly: Series A equity = preferred stock (Dragonfly, Coinbase Ventures) $VVV = common stock with worse legal rights but BETTER liquidity $DIEM = prepaid service credits (not equity at all) $VVV $DIEM @askvenice

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  Charles B (@charlesbatens) reported 33 minutes ago

  @RobinhoodCrypto @RobinhoodApp why is $CFG still not listed? Major global exchanges have already moved. Coinbase ✅ Binance ✅ Kraken ✅ Upbit ✅ Bithumb ✅ @Centrifuge is building serious RWA infrastructure with names like Apollo, Janus Henderson, New York Life Investment Management and Coinbase/Base involved. Robinhood users deserve access to real RWA infrastructure too. Time to add $CFG.

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  Leslie Weber (@leslie_web15133) reported 36 minutes ago

  My final boss is Base. Not because it is the biggest chain, but because it has Coinbase distribution and a simple consumer onchain story. Trust plus access can move normal users faster than most L2 narratives. @RallyOnChain