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

SWIFT Launches Blockchain Ledger Pilot With 17 Banks for Tokenized Deposits

SWIFT has launched a new blockchain-based ledger pilot with 17 major banks to test how tokenized deposits can move across…

6 days ago

Sony Bank Wins U.S. Approval to Launch Dollar Stablecoin Trust Bank

Sony Bank, the banking arm of Sony Financial Group, has received conditional approval from the Office of the Comptroller…

6 days ago

PayPal USD Launches Natively on Polygon to Expand Global Stablecoin Payments

PayPal has expanded its stablecoin strategy by launching PayPal USD (PYUSD) natively on the Polygon blockchain, giving businesses direct access…

7 days ago

BONK Faces $20 Million Treasury Attack After Malicious Governance Proposal Passes

BONK, one of Solana's most recognizable memecoins, is facing a major governance crisis after an…

1 week ago

World Leaves Solana for Robinhood Chain in Major Bet on Tokenized Finance

World, the blockchain ecosystem co-founded by Sam Altman, is shifting its prediction market infrastructure from Solana to the…

1 week ago

BNB Chain Unveils New Layer 1 Built for AI Agent Trading, Targets 2027 Mainnet Launch

BNB Chain has revealed plans to build a brand-new Layer 1 blockchain specifically designed for the next generation…

1 week ago