Base Network
Base is the blockchain network that makes CaribSend transfers fast and cheap.
What is Base?
Base is a Layer 2 (L2) blockchain network built on top of Ethereum. It was created by Coinbase, one of the largest cryptocurrency exchanges in the world.
Think of it like an express lane on a highway — Base handles transactions quickly and cheaply while still being secured by the main Ethereum network.
Why CaribSend Uses Base
Low Fees
Transaction fees on Base are typically under $0.01, compared to $5-50 on Ethereum mainnet.
Fast Confirmation
Transactions confirm in 1-2 seconds, making real-time remittances possible.
Ethereum Security
Base inherits Ethereum's security model — one of the most battle-tested blockchains.
Coinbase Ecosystem
Seamless integration with Coinbase Wallet and easy on/off ramps to fiat.
Base by the Numbers
How It Works (Simplified)
- 1CaribSend sends USDC on Base
When a transfer is initiated, we send USDC from our wallet to the merchant's wallet on Base.
- 2Base processes the transaction
The Base network validates and confirms the transaction in seconds.
- 3Merchant receives USDC
The USDC appears in the merchant's wallet immediately, ready to be used or converted.
Do I Need to Understand All This?
No! If you're just sending money to family in the Caribbean, you don't need to know anything about Base. CaribSend handles all the blockchain stuff behind the scenes. You just send USD and your recipient gets local currency.
For merchants: You'll need to set up a wallet that supports Base (like Coinbase Wallet) to receive USDC. We have a step-by-step guide for that.
Need a wallet?
Learn how to create a wallet on Base.