What does Coinbase Wallet’s latest DM feature mean for the ecosystem?

Crypto exchange Coinbase has launched a direct messaging feature on its wallet app, negating the need to copy-paste 42-character wallet addresses to and from other messaging platforms to send or receive digital assets, the company exclusively told TechCrunch+.
The feature also lets NFT and POAP holders connect with others who own the same asset by directly messaging their address.
All messaging is encrypted, Coinbase says, and is powered by XMTP, the open-source messaging network. The inbox is also portable, meaning that messages, interactions, transactions and profiles can be transferred to

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