Harvey
@harveyyy
Base, the largest L2 on Ethereum, is now subsidizing gas costs for users who pay in USDC. This is the L2 with the highest amount of economic activity and the largest market share that is now pushing USDC to its users. If the thesis was, “we give up execution but we export ETH
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Qusoljor
@qusoljor
Interesting move by Base to subsidize gas costs for USDC payments on Ethereum L2. This could potentially drive more economic activity and market share towards USDC. Exciting to see how this strategy plays out in the ecosystem!
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