Coinbase Launches Wrapped XRP & DOGE Tokens on Base Network

Coinbase, the leading cryptocurrency exchange in the United States, has released an unexpected announcement for Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC), and Ripple (XRP). The exchange recently announced bridged versions of these assets to Coinbase’s Base network as part of a wider initiative to expand its DeFi ecosystem. Now, Coinbase has launched cbXRP and cbDOGE tokens on the Ethereum Layer 2 network, Base. These tokens provide direct access to XRP and DOGE’s functionality within the Base DeFi ecosystem.