Coinbase's bBTC Sees Rapid Adoption With Over 3,500 Users

According to Odaily, data from IntoTheBlock reveals that Coinbase's recently launched bBTC has quickly gained traction, with the number of user addresses surpassing 3,500. This significant milestone comes shortly after its introduction earlier this month. Notably, these addresses are actively engaged in transactions on the Base chain, with an average daily settlement value of $472 million in BTC. This rapid adoption highlights the growing interest and utilization of bBTC within the cryptocurrency community.