Coinbase’s Whopping New Wrappers: XRP & DOGE Jump Into the DeFi Disco! šš¤Ŗ
Hold onto your hat, you bitcoin-babbling buffoons! Coinbase has done a cheeky little thingātheyāve snuck in two shiny new tokens, cbXRP and cbDOGE, on their fancy Ethereum playground called Base. Thatās right, XRP and Dogecoin, those jolly coin monsters youāve seen bouncing around in the crypto zoo, are now wrapped up in a shiny ERC-20 costume and ready to party in decentralized finance land. š©š
“cbDOGE and cbXRP are now live on @base,” twittered the Coinbase folks with all the subtlety of a clown at a funeral. “Each one is backed 1:1 by the real dealāXRP and DOGE kept safe and sound in Coinbaseās vaults.” Because, evidently, holding giant piles of coins in vaults makes everything more official, right? š¤š
Imagine this: Coinbase keeps a treasure trove of XRP and DOGE in their secret vaults, then, with a dramatic flourish, mints a shiny new wrapped token for each coin. These new tokens saunter onto Base, which is kind of like Ethereumās zippy little puppyāfaster, cheaper, and more willing to do tricks. Now you can use your favorite meme coins in lending, trading, or even in DeFi games, without the hassle of Ethereumās slowpoke network. How clever! š¶šØ
The big boss at Coinbase said their grand plan is to turn Base into a playground where even your grandmaās knitting club can get in on the crypto actionāno matter what peculiar coin sheās hoarding in her candy jar. Itās all about making the grand on-chain party more accessible. Cheers to that! š„
And what a smashing first day! Over 2.3 million cbXRP tokensāworth about five million bucksāand more than 10 million cbDOGE tokensāalmost two million dollarsāhave already found eager new homes. Seems like everyoneās keen to sprinkle some XRP and Doge magic into their DeFi potions. š§āāļøāØ
But wait, thereās more! Coinbase whispers that cbLTC and cbADA (those are Litecoin and Cardanoās new wrapped twins) are brewing in the crypto laboratory, ready to join the party soon. Theyāre riding high on the success of cbBTC, which turned into a $4.7 billion giant last year. Looks like Coinbase is determined to turn Base into the biggest, fastest, most meme-tastic DeFi playground out there! šš
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2025-06-05 10:47