Base said it has changed its policy to XEM launching its own Token , a departure from its past commitment to not Token Issuance .
Layer-2 Base Considers Token Issuance
Why is this news important?
- Base is one of the leading layer-2 on Ethereum developed by Coinbase , with vibrant on-chain activity.
- The project has repeatedly denied Token Issuance in the past, arguing that it does not serve the greatest benefit of providing users with a platform to promote on-chain trading activities.
- However, with the policy change, Base may want to use the Token as a tool to attract new users to the network and further promote trading activities, in the context that many other exchanges are also promoting their own layer-2 blockchain strategy such as Kraken with Ink or OKX with X Layer .
Base confirms policy change, considering Token Issuance
At the ongoing Base ecosystem Basecamp conference, Base founder Jesse Pollak made a shocking announcement that this layer-2 Ethereum will be open to the possibility of Token Issuance .
Learn more: https://t.co/bBZoqZOKis
— Base (@base) September 15, 2025
Pollak asserted that this move will further promote the decentralization of the network, as well as provide more tools to attract users, content creators, and programmers in the digital asset field.
However, the project said that this plan is still in its early stages, with no specific goals or timelines for each implementation item. However, Base is committed to continuing to accompany Ethereum, as well as ensuring compliance with US law.
Also at Basecamp, Base unveiled its latest updates, including building a bridge to Solana , upgrading the Base App , and continuing to engage the community through the Base Batches 002 event chain .
Launched in 2023 as a layer-2 on Ethereum, built on Optimism 'OP OP Stack ( OP ), Base, backed by the largest US cryptocurrency exchange Coinbase, has quickly grown into one of the leading layer-2s, with nearly $5 billion in TVL, a large user community, and a diverse project ecosystem.
TVL Growth on Base, defillama screenshot at 10:40 PM on 09/15/2025
Also thanks to the news that Base is considering Token Issuance, many coins on this ecosystem have skyrocketed in the past 24 hours.
Price movements of the most traded Token on Base, screenshot of DEX Screener at 10:40 PM on 09/15/2025
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