You will often hear people speculating about when a coin will be listed on Coinbase. Why is this important?
It is not just that Coinbase is a big exchange with lots of newbies on it, although this is true. The thing about Coinbase is that it is an exchange with a fiat bridge, allowing the automatic conversion of crypto to fiat via APIs. As a consequence crypto payment providers often operate using a Coinbase wallet supporting only the coins listed there.