Coinbase Introduces Wrapped Tokens cbXRP and cbDOGE on Base Network
- Coinbase launched wrapped tokens cbXRP and cbDOGE on the Base network.
- The tokens are backed 1:1 by XRP and Dogecoin, respectively.
- This initiative aims to enhance Base’s role as a leading Layer 2 solution.
- Over 2.3 million cbXRP and 10.4 million cbDOGE have been issued.
- cbXRP and cbDOGE join previously introduced wrapped asset, cbBTC.
Coinbase’s launch of wrapped tokens cbXRP and cbDOGE, backed by XRP and Dogecoin, has resulted in over 2.3 million cbXRP and 10.4 million cbDOGE being issued, highlighting significant market demand for these versatile cryptocurrency solutions.
Source (2.6)https://hodl.press/coinbase-launches-wrapped-xrp-and-doge-tokens/?rand=24434
