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Coinbase Introduces Wrapped XRP and DOGE on Base, Unlocking DeFi Access

Coinbase opens a new era for two iconic cryptocurrencies. By launching cbXRP and cbDOGE on Base, the exchange brings XRP and Dogecoin into the realm of DeFi. This operation is not just a technical feat: it reveals a much broader strategic ambition within the crypto ecosystem.

With cbXRP and cbDOGE, Coinbase offers wrapped versions of XRP and Dogecoin compatible with the EVM. Each token is pegged at a 1:1 ratio with the original crypto assets, held in custody by the exchange. This architecture allows replicating the assets on Base while facilitating their use in smart contracts and decentralized applications.

Coinbase Introduces Wrapped XRP and DOGE on Base, Unlocking DeFi Access

Coinbase opens a new era for two iconic cryptocurrencies. By launching cbXRP and cbDOGE on Base, the exchange brings XRP and Dogecoin into the realm of DeFi. This operation is not just a technical feat: it reveals a much broader strategic ambition within the crypto ecosystem.

With cbXRP and cbDOGE, Coinbase offers wrapped versions of XRP and Dogecoin compatible with the EVM. Each token is pegged at a 1:1 ratio with the original crypto assets, held in custody by the exchange. This architecture allows replicating the assets on Base while facilitating their use in smart contracts and decentralized applications.

https://www.cointribune.com/en/coinbase-xrp-and-doge-arrive-on-base-via-wrapped-tokens/