What is cbBTC crypto?
cbBTC is a crypto token introduced by Coinbase, which represents a wrapped or tokenized version of Bitcoin on the Base blockchain. It's designed to facilitate the use of Bitcoin in DeFi ecosystems, providing liquidity and efficient integration with various DeFi protocols.
What is cbBTC?
I've encountered a term called cbBTC and I'm not sure what it means. Could someone please explain to me what cbBTC is and its significance in the cryptocurrency world?