According to Mars Finance, Coinbase announced during the Solana Breakpoint conference that it will add native support for its wrapped Bitcoin token cbBTC on the Solana blockchain. Coinbase's cbBTC is fully backed by custodial Bitcoin, allowing users to trade and use Bitcoin on programmable blockchains such as Ethereum. This may bring new opportunities for Coinbase users, who hold more than $18 billion worth of Bitcoin on the platform.
Coinbase Adds Support for Solana cbBTC
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