Close Menu
Cryprovideos
    What's Hot

    Litecoin Adoption Skyrockets in 2025 as Retail Investors Dominate the Market – BlockNews

    October 25, 2025

    Greatest Crypto to Purchase Now With ETH Whales Again in Accumulation Mode – CryptoDnes EN

    October 25, 2025

    Lugano Finance Discussion board 2025: Ticino on the heart of the Swiss monetary renaissance

    October 25, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»Coinbase Introduces Wrapped XRP and ADA to Enhance Base DeFi: What You Must Know (Bullish?) – BlockNews
    Coinbase Introduces Wrapped XRP and ADA to Enhance Base DeFi: What You Must Know (Bullish?) – BlockNews
    Altcoins

    Coinbase Introduces Wrapped XRP and ADA to Enhance Base DeFi: What You Must Know (Bullish?) – BlockNews

    By Crypto EditorMay 15, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    • Coinbase plans to launch wrapped XRP, ADA, DOGE, and LTC on its Ethereum Layer 2 community, Base, increasing DeFi entry.
    • The trade warns customers to beware of faux tokens, sharing official contract addresses for the upcoming property.
    • Coinbase’s transfer builds on the success of cbBTC, which now holds a $4 billion provide however nonetheless trails WBTC in market share.

    Coinbase is ready to launch wrapped variations of XRP, Cardano (ADA), Dogecoin (DOGE), and Litecoin (LTC) on its Ethereum Layer 2 community, Base. The announcement, made on Might 13 by way of Coinbase Property X, confirmed the upcoming cbXRP, cbADA, cbDOGE, and cbLTC tokens – although no official launch date has been revealed but. Wrapped tokens permit property from one blockchain for use on one other, enhancing interoperability and increasing DeFi entry on Base, the biggest Ethereum layer-2 community with over $15 billion in complete worth secured.

    Official Contract Addresses and Safety Warning

    Coinbase has urged customers to beware of faux token claims forward of the official launch. The trade has supplied the verified Base contract addresses for the brand new property:

    • cbADA: 0xcbADA732173e39521CDBE8bf59a6Dc85A9fc7b8c
    • cbDOGE: 0xcbD06E5A2B0C65597161de254AA074E489dEb510
    • cbLTC: 0xcb17C9Db87B595717C857a08468793f5bAb6445F
    • cbXRP: 0xcb585250f852C6c6bf90434AB21A00f02833a4af
      Coinbase emphasised that these are the one authentic addresses for the brand new wrapped tokens and warned customers to remain vigilant towards fraudulent claims.

    Constructing on cbBTC’s Success – A Strategic Growth

    Coinbase’s growth into wrapped property follows its earlier launch of cbBTC, a wrapped Bitcoin token launched after BitGo adjusted its custody mannequin for WBTC. Since its debut, cbBTC has gained traction, now circulating on different networks like Solana and boasting a provide of over 45,000 tokens, valued at almost $4 billion. Nonetheless, regardless of its progress, cbBTC nonetheless trails behind opponents like WBTC, which holds a 52.6% market share, and BTCB on BNB Chain at 26.7%, with cbBTC capturing simply 16%.

    Coinbase Introduces Wrapped XRP and ADA to Enhance Base DeFi: What You Must Know (Bullish?) – BlockNews

    Enhanced DeFi Entry and Liquidity on Base

    By integrating wrapped variations of main property like XRP, ADA, DOGE, and LTC, Coinbase goals to spice up liquidity and DeFi accessibility on Base. The transfer aligns with its technique to make Base the go-to layer-2 community for cross-chain interoperability. Customers will achieve entry to decrease charges, higher liquidity, and broader DeFi instruments, positioning Coinbase to additional capitalize on the rising demand for wrapped property within the Ethereum ecosystem.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Greatest Crypto to Purchase Now With ETH Whales Again in Accumulation Mode – CryptoDnes EN

    October 25, 2025

    BTC, ADA, XRP, SOL Information: Bitcoin Holds $111K as ‘Uptober’ Dud Heads for Final Week

    October 25, 2025

    Cardano Worth Eyes Stability Round $0.64 as Merchants Look ahead to Indicators of a Reversal – BlockNews

    October 25, 2025

    RIVER Positive factors 5x Following Binance Perp Itemizing, Supported by Time-Encoded Airdrop Conversion

    October 25, 2025
    Latest Posts

    Bitcoin (BTC) Worth Evaluation for October 24 – U.Right this moment

    October 25, 2025

    JPMorgan To Enable Bitcoin As Collateral Earlier than Finish Of 2025

    October 25, 2025

    Spooky Szn? Bitcoin Choices Value Report $31 Billion Set to Expire on Halloween – Decrypt

    October 25, 2025

    BTC, ADA, XRP, SOL Information: Bitcoin Holds $111K as ‘Uptober’ Dud Heads for Final Week

    October 25, 2025

    Bitcoin NeTether and Rumble Introduce Bitcoin Tipping for World Customers

    October 25, 2025

    $31 Billion in Bitcoin Choices Set to Expire – Analysts Warn of Halloween Volatility – CryptoDnes EN

    October 25, 2025

    YouTube Rival Rumble Groups With Tether to Add Bitcoin Tipping for Creators – Decrypt

    October 25, 2025

    Bitcoin Information Stay As we speak: SpaceX Strikes One other $134M Bitcoin, Sparks Huge Curiosity

    October 25, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    John Reed Stark opposes regulatory reform at SEC crypto roundtable

    March 21, 2025

    Right here is why Bitwise desires to transform its $1.3 billion crypto index fund to an ETF

    November 15, 2024

    Crypto Buying and selling Volumes Drop as Market Awaits Regulatory Readability

    March 30, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.