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TechFlow news, November 20 — According to an official announcement, Coinbase has launched cbBTC on the Arbitrum network. cbBTC is an ERC-20 token backed by Coinbase, with each token fully backed 1:1 by bitcoin (BTC) reserves. Previously, Coinbase announced the delisting of wBTC.
According to an official announcement, Coinbase has launched cbBTC on the Arbitrum network. cbBTC is an ERC-20 token backed by Coinbase, with each token fully backed by Bitcoin (BTC) reserves at a 1:1 ratio. Previously, Coinbase announced the delisting of wBTC.
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