Coinbase launches its wrapped bitcoin, cbBTC, on the Ethereum and Base networks, supported by various DeFi services for trading, lending, and as collateral (Shaurya Malwa/CoinDesk)

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Shaurya Malwa / CoinDesk:
Coinbase launches its wrapped bitcoin, cbBTC, on the Ethereum and Base networks, supported by various DeFi services for trading, lending, and as collateral  —  The token will initially be offered on Ethereum and Coinbase's Base networks, with plans to expand to more blockchains in the coming months.

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