Market Watch

Coinbase to Launch cbLTC, cbADA, cbDOGE & cbXRP Soon

Coinbase is gearing up to drop cbLTC, a wrapped version of Litecoin that’ll bring LTC into the DeFi world on Base. Alongside cbLTC, wrapped versions of Cardano (cbADA), Dogecoin (cbDOGE), and XRP (cbXRP) are also on the way. Wrapped tokens are 1:1 tokens, meaning wrapped tokens will be fully backed by respected cryptocurrencies and usable across DeFi apps — once it’s live. None of these assets are live yet, and there’s no official launch date announced.
Coinbase has issued a heads-up: there are already fake tokens and shady actors trying to capitalize on the buzz. So if you see cbLTC or the others being offered anywhere right now, it’s likely a scam. For when the real versions go live, here are the official contract addresses to keep in mind:
  • cbADA: 0xcbADA732173e39521CDBE8bf59a6Dc85A9fc7b8c
  • cbDOGE: 0xcbD06E5A2B0C65597161de254AA074E489dEb510
  • cbLTC: 0xcb17C9Db87B595717C857a08468793f5bAb6445F
  • cbXRP: 0xcb585250f852C6c6bf90434AB21A00f02833a4af

Coinbase says the wrapped tokens will make it easier to bring popular crypto assets into Base’s growing DeFi ecosystem. Think cheaper swaps, new yield options, and better liquidity — all tied directly to some of the biggest names in crypto.

Terron Gold

Recent Posts

Nasdaq Bets $100 Million on Kraken Parent Payward to Put Wall Street Stocks Onchain

Nasdaq is deepening its push into tokenized markets with a $100 million investment in Payward,…

5 days ago

MoneyGram Turns Stablecoins Into Everyday Money With New Mastercard

MoneyGram is pushing stablecoins beyond crypto trading and remittances with a new payment card designed…

5 days ago

Hunter Biden’s LAPTOP Memecoin Crashes 98% Within an Hour After Wild $1.6 Billion Debut

Hunter Biden’s newly launched LAPTOP memecoin delivered exactly the kind of chaos critics warned about…

6 days ago

Jack Dorsey’s Block Wants a Federal Bank Charter for Bitcoin and Stablecoin Custody

Jack Dorsey's Block is making another major move into regulated finance, applying to create a…

7 days ago

ChatGPT, Claude, Gemini and Grok Go Down in Rare Simultaneous AI Outage

Some of the world's biggest AI platforms experienced overlapping service disruptions on Thursday, September 3,…

2 weeks ago

U.S. Government Puts GDP and Inflation Data Onchain With Chainlink

Official U.S. economic data is moving directly onto public blockchains. The U.S. Department of Commerce…

2 weeks ago