Coinbase launches cbBTC, a wrapped Bitcoin token

CAT September 12, 2024 1 min read

Micah Zimmerman

Coinbase is rolling out cbBTC — Coinbase Wrapped BTC — an ERC20 token backed 1:1 by Bitcoin, which Coinbase holds. According to a press release shared with crypto.news, the cbBTC token is now available on Base and Ethereum (ETH). Wrapped…

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Coinbase launches cbBTC, a wrapped Bitcoin token

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

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