The problem Coinbase Smart Passport solves
Coinbase Smart Passport solves two major problems: The trust score of Coinbase Smart Wallet and recurring identity payments
The Coinbase Smart Wallet is a new wallet that launched just a few days ago. However, most crypto enthusiasts already have their personal EOA wallets connected to trusted identity providers, and these providers often don't allow multiple wallets to prevent sybil behavior. This leaves the Coinbase Smart Wallet untrusted and limits its use cases.