Coinbase Launches Wrapped Tokens on Base for Expanded DeFi Access

Coinbase has announced the launch of new wrapped tokens, cbLTC, cbADA, cbDOGE, and cbXRP, enabling major cryptocurrencies like Litecoin, Cardano, Dogecoin, and XRP to participate in decentralized finance (DeFi) on its Base platform. These wrapped tokens will provide a bridge for these legacy assets to access DeFi applications and benefits. While not live yet, Coinbase has shared the verified contract addresses and cautions users against scams targeting this growing ecosystem.