Currencies34286
Market Cap$ 3.89T-1.33%
24h Spot Volume$ 75.58B-18.3%
DominanceBTC58.27%+0.23%ETH10.90%-1.76%
ETH Gas Gwei
Cryptorank

Coinbase Bridges Assets to Base DeFi with cbXRP cbADA cbDOGE cbLTC


by Parth Dubey
for CoinEdition
Coinbase Base Layer 2 to feature new wrapped tokens cbXRP, cbADA, cbDOGE, cbLTC from XRP, ADA, boosting DeFi.
  • Coinbase is launching wrapped XRP, ADA, DOGE, LTC as cbXRP, cbADA on its Base Layer 2
  • These Coinbase wrapped tokens like cbDOGE, cbLTC will bridge non-EVM assets to Base DeFi
  • Brian Armstrong’s Coinbase strategy includes wrapped tokens on Base for crypto expansion

Attempting to expand decentralized finance (DeFi) access across blockchains, Coinbase is preparing to launch wrapped versions of XRP, Cardano (ADA), Dogecoin (DOGE), and Litecoin (LTC) on its Ethereum Layer 2 network, Base.

These new wrapped tokens, to be designated cbXRP, cbADA, cbDOGE, and cbLTC, are designed to bridge these non-EVM chain assets to Base’s DeFi ecosystem, which holds over $3.6 billion in total value locked.

Official Contract Addresses Released for New Base-Wrapped Tokens

While the tokens aren’t live yet, Coinbase has confirmed their imminent arrival and issued official contract addresses to prevent users from falling for scams or imposters. This move mirrors Coinbase’s earlier success wit…

The post Coinbase Bridges Assets to Base DeFi with cbXRP cbADA cbDOGE cbLTC appeared first on Coin Edition.

Read the article at CoinEdition

Read More

ETH Could Lead the Next Bull Run, If It Passes This Test

ETH Could Lead the Next Bull Run, If It Passes This Test

The crypto market is sending mixed signals. Despite earlier hopes for an altcoin seas...
Toncoin Just Got a $9.5M Boost: Is a Breakout to $5 Next?

Toncoin Just Got a $9.5M Boost: Is a Breakout to $5 Next?

Toncoin just got a $9.5 million boost from top-tier VCs, backing its DeFi dominance t...

Coinbase Bridges Assets to Base DeFi with cbXRP cbADA cbDOGE cbLTC


by Parth Dubey
for CoinEdition
Coinbase Base Layer 2 to feature new wrapped tokens cbXRP, cbADA, cbDOGE, cbLTC from XRP, ADA, boosting DeFi.
  • Coinbase is launching wrapped XRP, ADA, DOGE, LTC as cbXRP, cbADA on its Base Layer 2
  • These Coinbase wrapped tokens like cbDOGE, cbLTC will bridge non-EVM assets to Base DeFi
  • Brian Armstrong’s Coinbase strategy includes wrapped tokens on Base for crypto expansion

Attempting to expand decentralized finance (DeFi) access across blockchains, Coinbase is preparing to launch wrapped versions of XRP, Cardano (ADA), Dogecoin (DOGE), and Litecoin (LTC) on its Ethereum Layer 2 network, Base.

These new wrapped tokens, to be designated cbXRP, cbADA, cbDOGE, and cbLTC, are designed to bridge these non-EVM chain assets to Base’s DeFi ecosystem, which holds over $3.6 billion in total value locked.

Official Contract Addresses Released for New Base-Wrapped Tokens

While the tokens aren’t live yet, Coinbase has confirmed their imminent arrival and issued official contract addresses to prevent users from falling for scams or imposters. This move mirrors Coinbase’s earlier success wit…

The post Coinbase Bridges Assets to Base DeFi with cbXRP cbADA cbDOGE cbLTC appeared first on Coin Edition.

Read the article at CoinEdition

Read More

ETH Could Lead the Next Bull Run, If It Passes This Test

ETH Could Lead the Next Bull Run, If It Passes This Test

The crypto market is sending mixed signals. Despite earlier hopes for an altcoin seas...
Toncoin Just Got a $9.5M Boost: Is a Breakout to $5 Next?

Toncoin Just Got a $9.5M Boost: Is a Breakout to $5 Next?

Toncoin just got a $9.5 million boost from top-tier VCs, backing its DeFi dominance t...