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Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks

1 year ago
in DeFi
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Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving customers a gateway to decentralized finance (defi) apps on Ethereum and Base, utilizing bitcoin (BTC). The cbBTC token is actually a wrapped model of bitcoin, totally backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Alternatives In response to the San Francisco-based crypto trade, […]



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Tags: BaseBitcoinCoinbaseEthereumlaunchesNetworksWrapped
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