Coinbase to launch cbADA, cbDOGE, cbLTC and cbXRP tokens

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According to ChainCatcher, based on an official message from Coinbase Assets, Coinbase is about to launch cbADA, cbDOGE, cbLTC, and cbXRP tokens. Currently, these assets are not yet online, and the specific launch date will be announced separately. At the same time, Coinbase Assets specially reminds users to be wary of false trading information and emphasizes that there may currently be fraudulent activities where criminals claim these assets are already tradable.

It is reported that cbADA, cbDOGE, cbLTC, and cbXRP are Coinbase's bridged tokens, corresponding to the wrapped versions of Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC), and Ripple (XRP), specifically designed for Coinbase's Ethereum Layer2 network Base, following the previous launch of cbBTC.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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