Coinbase Launches cbADA and cbLTC on Base Network

Coinbase has introduced cbADA and cbLTC, ERC-20 tokens representing Cardano (ADA) and Litecoin (LTC), on the Base network. These tokens are backed 1:1 by ADA and LTC held in custody by Coinbase, providing users with a secure and efficient way to engage with these cryptocurrencies on the Ethereum blockchain. The launch aims to enhance liquidity and accessibility for ADA and LTC holders within the decentralized finance ecosystem.

ADA -1.57%

ETH -0.09%

LTC -0.01%

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