TechFlow reports that on June 5, Coinbase officially announced the launch of two new tokens, cbDOGE and cbXRP, on the Base chain. These are ERC-20 standard tokens backed 1:1 by native DOGE and XRP held in custody by Coinbase. To prevent counterfeit tokens, the official contract addresses have been released: cbDOGE (0xcbD06E5A2B0C65597161de254AA074E489dEb510) and cbXRP (0xcb585250f852C6c6bf90434AB21A00f02833a4af). Coinbase emphasized that it holds 1:1 reserves of the underlying assets and provided a proof-of-reserves link to enhance transparency.
Navigating Web3 tides with focused insights
Contribute An Article
Media Requests
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号




