๐ Coinbase has launched cbBTC on the Solana blockchain, aiming to boost DeFi activity by providing a bitcoin-backed token for trading, lending, and borrowing. This move could fill the gap left by the collapse of soBTC, previously controlled by FTX. With nearly $10 million worth of cbBTC ready for Solana DeFi, hopes are high for increased BTC liquidity and usage. Will cbBTC become Solana's go-to bitcoin stand-in? Share your thoughts in the comments!
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