Coinbase will launch its cbBTC token on Solana, enhancing DeFi activity on the blockchain.
The $BONK ETP meme coin is entering the U.S. market, appealing to seasoned investors and newcomers.
Hassan Ahmed, Country Director of Coinbase, announced at Solana Breakpoint 2024 held on September 20-21 in Singapore, that Coinbase plans to introduce its native cbBTC token to the Solana blockchain. This announcement has sparked excitement among crypto investors, as it signals a strategic expansion for the cbBTC token.
Originally launched on the Ethereum network through Base, a Layer 2 scaling solution, cbBTC has gained traction among Bitcoin holders. The move to Solana could significantly enhance decentralized finance (DeFi) activity on this high-performance blockchain, which is renowned for its fast transaction speeds and low fees.
As of September 19, 2024, data from Dune Analytics shows that the supply of cbBTC on Ethereum and Base stands at 1,090 and 879 respectively, totaling 1
We współpracy z: https://thenewscrypto.com/coinbase-introduces-cbbtc-integration-with-solana-at-breakpoint-2024/
