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Coinbase’s Layer 2 network Base has announced the launch of enterprise-grade privacy transaction infrastructure, Base Ledgers, which is now open for Early Access. Base says this approach combines on-chain real-time settlement, transaction confidentiality, and compliance control features, and can be used in scenarios such as B2B payments, payroll distribution, corporate treasury management, stablecoin issuance, cross-border remittances, and broker settlement. Base states its goal is to meet compliance needs for institutional users while preserving privacy.