Coinbase launches CDP Wallets, allowing developers to achieve complete control with zero key management

According to The Block, Coinbase has released CDP Wallets, allowing developers to create programmable wallets through APIs that do not require private key custody. CDP Wallets utilizes the Trusted Execution Environment (TEE) in AWS Nitro Enclaves to handle sensitive operations, ensuring that private keys are never exposed and even Coinbase itself cannot access them. The wallet supports EVM chain, Solana, and EIP-712 structured message signing, suitable for DeFi bots, on chain AI, payments, and enterprise vaults. US developers holding balances can earn an annualized 4.1% USDC return without the need for pledging or locking.