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1h 29m ago

Coinbase Selects Chainlink CCIP as Exclusive Interoperability Provider for All Wrapped Assets, Highlighting cbBTC (Wrapped Bitcoin)

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COINOTAG News reports that Coinbase has officially designated Chainlink CCIP as the exclusive interoperability provider for all Coinbase Wrapped Assets. This move enhances cross-chain connectivity and standardizes asset bridging for cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and cbXRP, aligning them to a unified interoperability framework and improving settlement efficiency across networks.

The Wrapped Assets portfolio currently traces a combined market value near $7 billion, reflecting the scale of Coinbase‘s on-chain offerings. Leveraging Chainlink CCIP is positioned to bolster liquidity access, increase asset composability, and streamline exposure to DeFi protocols, while maintaining rigorous risk controls and credibility for investors.

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    Coinbase Selects Chainlink CCIP as Exclusive Interoperability Provider for All Wrapped Assets, Highlighting cbBTC (Wrapped Bitcoin) - Breaking News