THIS WEEK ON BASE: MEME SUMMIT, MASTERCARD, AND MORE

Summary from the TLDR Crypto newsletter

Mastercard launched Agent Pay for Machines with Cloudflare on Base, enabling AI agents to pay for digital services via x402. Morpho Midnight crossed $100M in total deposits, while Mag 7 tokenized stockholders deposited $9.57M and borrowed $4.08M USDC on Aave, with three in four of those users new to the protocol. Coinbase and The Block research puts the cost of a $200 USDC transfer on Base at 86% below traditional services. The week's launch slate included Thunes integrating stablecoins across its global payout network, Frax adding onchain FX markets, heydotxyz listing 194 tokenized stocks, and Spark Finance supplying over $400M USDC to Morpho's cbBTC/USDC market.