Coinbase Completes Wrapped Token Expansion on Base with cbADA and cbLTC

TL;DR Coinbase launches cbADA and cbLTC on its Base L2, bringing Cardano and Litecoin into Ethereum-compatible DeFi without selling native tokens. Each wrapped token is minted/burned 1:1 against ADA or LTC in custody, with regular proof-of-reserves ensuring full transparency and security. Early traction, 2. 9 M cbADA, and 11. 3 K cbLTC in circulation have pushed Base’s. . . source: https://crypto-economy.com/coinbase-completes-wrapped-token-expansion-on-base-with-cbada-and-cbltc/