⚡️ @Coinbase rolls out its wrapped $BTC on the #Ethereum and @Base networks

Coinbase has announced the launch of Coinbase Wrapped #BTC (cbBTC), an ERC20 token that is backed 1:1 by Bitcoin held by the exchange. At launch, users will be able to access #cbBTC on Base and Ethereum and utilize it across numerous DeFi dApss, including @CurveFinance, @Aave, @Compoundfinance, @AerodromeFi, @deBridgeFinance, @Mellowprotocol, and others. The exchange also plans to extend cbBTC support to more chains and enable its trading on DEXs using @CoinbaseWallet.

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