Coinbase’s Base adds ADA and LTC as wrapped assets gain momentum

Coinbase has launched wrapped versions of Cardano ADA and Litecoin LTC tokens on its layer-2 network, Base. The exchange disclosed this on X, months after it first said that the altcoins would have wrapped assets. According to the post, cbADA and cbLTC are ERC-20 tokens fully backed by ADA and LTC in Coibase custody. By […] source: https://www.cryptopolitan.com/coinbases-base-adds-ada-and-ltc-as-wrapped-assets-gain-momentum/