Coinbase Debuts cbXRP and cbDOGE on Base Layer-2 Network

Coinbase has launched wrapped versions of XRP and Dogecoin (cbXRP and cbDOGE) on its Base Layer-2 network, offering faster and cheaper transactions within the DeFi ecosystem. These wrapped tokens allow users to access popular crypto assets like XRP and DOGE on the Base blockchain without leaving their Ethereum-compatible environment. This enables faster transaction speeds, reduced fees, and broader utility in the burgeoning world of decentralized finance (DeFi) protocols.