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Coinbase Brings Bitcoin to Solana with cbBTC

source-logo  coingape.com 3 h

Coinbase has just announced cbBTC, the very first Bitcoin-backed token on Solana. The newly minted SPL token is backed 1:1 by Bitcoin and held in Coinbase custody. It provides an easy way for users to access BTC directly on the Solana blockchain.

coingape.com