Coinbase Expands Wrapped Token Offering on Base With XRP and Dogecoin

  • TL;DR New Wrapped Tokens Launched: Coinbase has introduced cbXRP and cbDOGE on Base, providing a 1:1 backed wrapped representation of XRP and Dogecoin to unlock new DeFi opportunities. Enhanced DeFi Utility: These wrapped tokens allow users to engage in activities like lending, yield farming, and trading on DEXs, with rapid initial adoption signaling strong demand.