Coinbase Launches Bitcoin-Backed ERC20 Token ‘cbBTC’
17 Sep 2024 1 minute read 0 comments The Neath
Today, cryptocurrency exchange Coinbase launched “Coinbase Wrapped Bitcoin” (cbBTC), an ERC-20 token backed 1:1 by Bitcoin. The exchange announced the new token launch to improve Bitcoin's decentralized finance (DeFi) usage. It will enable Bitcoin us...