PANews reported on June 17th that Coinbase's Layer2 network, Base, announced the launch of Base Privacy, an enterprise-grade privacy transaction feature. This feature provides businesses with a combination of on-chain instant settlement, confidentiality, and built-in compliance capabilities. It supports enterprise use cases such as B2B payments, payroll, fund management, stablecoin issuance, cross-border remittances, and brokerage settlement, ensuring compliance while maintaining transaction privacy. Base Ledgers can be fully integrated with other parts of the Base ecosystem and can be configured according to enterprise needs.