Coinbase Payments Joins Open Intents Framework as Core Contributor
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Ethereum
Coinbase Payments joins Open Intents Framework as core contributor for Ethereum cross-chain standards addressing $21B surge in cross-chain crime.
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Anas Hassan
Crypto Journalist
Anas Hassan
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Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.
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Coinbase Payments has joined the Open Intents Framework as a core contributor, marking a significant step toward standardizing cross-chain asset movement within the Ethereum ecosystem.
The collaboration brings together major industry players, including the Ethereum Foundation, Hyperlane, Across Protocol, OpenZeppelin, and LI.FI Protocol and DeFi Wonderland to build open standards for permissionless, secure cross-chain transactions.
Addressing Critical Cross-Chain Security Challenges.
The Open Intents Framework addresses growing fragmentation in Ethereum’s multichain ecosystem, where users access DeFi protocols on Arbitrum, social networks on Base, and AI agents on Mode.
Current cross-chain transfers require lengthy business development processes and complex infrastructure management.
The framework provides modular, open-source tooling that enables lightweight bridging across chains while maintaining security standards.
Cross-chain crime has surged to over $21 billion in 2025, representing a threefold increase from $7 billion in 2023, according to Elliptic research.
Criminals increasingly use decentralized exchanges, cross-chain bridges, and token swap services to obscure fund origins.
Chain-hopping tactics now appear in 33% of crypto crime investigations spanning more than three blockchains.
The framework builds on Vitalik Buterin’s 2024 vision for seamless cross-chain interoperability through Ethereum Improvement Proposals, including EIP-3370 for address standards, EIP-7683 for communication protocols, and EIP-3668 for off-chain data access.
Ethereum Foundation researchers identified interoperability as the top near-term priority for development in the next six to twelve months.
The ongoing initiative launches with production-ready ERC-7683 implementation, an open-source TypeScript solver application, composable smart contracts, and customizable UI templates.
Audits were expected to be completed during Q1 2025, with cross-chain validation anticipated in Q4.
Understanding the Open Intents Framework Mechanics.
The Open Intents Framework simplifies cross-chain transactions by allowing users to state what they want rather than how to achieve it.
According to the documentation, instead of manually moving tokens between different blockchain networks, users submit their desired outcome (such as swapping 100 USDC on Base for 100 USDT on Arbitrum), and the system handles the complex execution.
Specialized services called solvers compete to fulfill these user requests by finding the most efficient routes across blockchain networks.
These solvers automatically handle the technical challenges, including transaction settlements, risk management, and coordinating asset movements between different chains while users wait for their desired result.
The framework uses standardized smart contracts based on ERC-7683 protocols to ensure consistent operation across different blockchain networks.
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