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cbDOGE and More Go Live on Base: Coinbase's Wrapped Assets Boost Meme Tokens

cbDOGE and More Go Live on Base: Coinbase's Wrapped Assets Boost Meme Tokens

Hey there, crypto enthusiasts! If you're into meme tokens and the buzzing world of blockchain, you've probably caught wind of the latest drop from Base. In a recent tweet, the Base team announced that several Coinbase-backed wrapped assets are now live on their platform. This includes cbXRP, cbADA, cbLTC, cbDOGE, and cbBTC – all designed to let you put your crypto to work in the onchain economy.

Coinbase wrapped assets live on Base featuring cbXRP, cbADA, cbLTC, and cbDOGE

For those new to this, Base is an Ethereum Layer-2 network built by Coinbase, aimed at making blockchain transactions faster and cheaper. It's become a hotspot for meme coins and DeFi activities, and this update supercharges that vibe.

Breaking Down the Wrapped Assets

These "cb" prefixed tokens are essentially wrapped versions of popular cryptocurrencies, backed 1:1 by Coinbase. That means cbDOGE represents real Dogecoin, cbXRP stands for XRP, and so on. Wrapping them allows these assets to seamlessly integrate into Base's ecosystem, where you can trade, lend, or use them in decentralized apps without leaving the chain.

  • cbDOGE: The star for meme lovers! Dogecoin, the OG meme coin inspired by the Shiba Inu dog, now has a wrapped version on Base. This opens doors for DOGE holders to dive into DeFi protocols like lending on Aave or swapping on Uniswap forks.
  • cbXRP: Wrapped XRP from Ripple, known for its speedy cross-border payments.
  • cbADA: Cardano's ADA, bringing smart contract capabilities from another blockchain.
  • cbLTC: Litecoin, often called the silver to Bitcoin's gold, for faster transactions.
  • cbBTC: Coinbase's wrapped Bitcoin, already a staple for onchain Bitcoin utility.

This launch isn't just about adding tokens; it's about bridging traditional crypto with the explosive growth of onchain apps. As per the original tweet, these assets are ready for action across the economy.

Why This Matters for Meme Tokens

At Meme Insider, we're all about those viral, community-driven tokens that capture the internet's spirit. cbDOGE's arrival on Base is a game-changer. Dogecoin has a massive following, but it's been limited to its own chain. Now, with cbDOGE, you can leverage it in meme-centric DeFi pools or even pair it with Base natives like Brett or Toshi.

Imagine farming yields with your DOGE or using it as collateral for loans – all while enjoying Base's low fees. This could spark a wave of new meme token projects that incorporate legacy memes like DOGE into fresh narratives. We've seen similar boosts when wrapped BTC hit other chains; expect meme volumes to spike.

For more details on how these wrapped assets work, check out Coinbase's official page on cbBTC and similar tokens.

The Bigger Picture in the Onchain Economy

Base has been on a roll, positioning itself as a go-to for everyday crypto users. With these additions, it's easier than ever to move assets from Coinbase's exchange directly to Base for onchain fun. No more clunky bridges for DOGE fans – just seamless integration.

This move aligns with broader trends in blockchain, where interoperability is key. As reported in various sources, Coinbase has been rolling out these wrapped tokens progressively throughout 2025, starting with cbBTC and expanding to include meme favorites like cbDOGE. It's a strategic play to keep users within the Coinbase ecosystem while tapping into the DeFi boom.

If you're a blockchain practitioner looking to level up, this is your cue to explore Base. Dive into the docs at base.org or start swapping on decentralized exchanges today.

What do you think – will cbDOGE ignite the next meme supercycle on Base? Drop your thoughts in the comments, and stay tuned to Meme Insider for more updates on meme tokens shaking up the crypto world!

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