Coinbase is set to launch cbBTC on the Solana network.

On September 21, Coinbase officially announced that it will soon launch cbBTC on the Solana network.

Previously, Coinbase had officially announced the launch of the Coinbase Wrapped Bitcoin (cbBTC) token. The token operates on the Ethereum and Base networks and is backed 1:1 by Bitcoin, with plans to support more blockchains in the future.

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$SOL