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Market Cap:
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Bitcoin Bitcoin Share: 59.77%
Markets: 88889
Coinpedia
2024-11-09 19:26:21

Coinbase Wrapped BTC Product Reaches $1B Market Cap

Coinbase Wrapped BTC Product Reaches $1B Market Cap

The post Coinbase Wrapped BTC Product Reaches $1B Market Cap appeared first on Coinpedia Fintech News Amidst the surges in Solana’s price and a boom in the Defi sector, the Coinbase Wrapped BTC (cbBTC) product, which was recently launched on the Solana blockchain, has hit the $1 billion market capitalization milestone. The cbBTC is an SPL token backed 1:1 by Bitcoin (BTC) and held in custody by the exchange. cbBTC joins …

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