We are working on WASM support which can allow for cross compiling of EVM to WASM. I'd need to do more research on it and it's on my long term roadmap for the project. It's actually possible to implement ERC-20 without EVM support by creating a smart contract that mocks up ERC-20 and add a compatibility on VSC for Metamask/EVM tech. Other blockchains have done this exact thing despite no underlying EVM compatibility.

However, that might not be what coinbase needs. It sounds like it needs to be an ERC-20 token on Ethereum for coinbase to automatically support it. In which case that would be a subject of cross-chain bridging.