đ Coinbase's cbBTC is heading to Solana! đ
- At Breakpoint 2024, Coinbase's Singapore director, Hassan Ahmed, announced plans to bring cbBTC, a wrapped Bitcoin asset, to the Solana network.
- No launch date yet, but excitement is through the roof! Solana fans gave a big round of applause.
- cbBTC is already a hit on Ethereum and Base networks, backed 1:1 by Bitcoin held by Coinbase.
- In just seven days, cbBTC became the third most popular wrapped Bitcoin, outpacing long-time competitors.
- Sky community is even considering cbBTC as a WBTC alternative.
Stay tuned for more crypto fun! đ