Coinbase Wrapped Bitcoin: A Regulated Pathway to DeFi

Coinbase Wrapped Bitcoin (CBBTC) is an innovative solution for bringing Bitcoin's value into decentralized finance (DeFi) ecosystems while maintaining exposure to Bitcoin's price performance.

The token is backed by Coinbase's custodial services, ensuring a 1:1 peg with Bitcoin and allowing it to interact with DeFi protocols and smart contracts.

CBBTC offers a regulated pathway for users to access DeFi applications, lending, liquidity provision, and yield generation strategies previously unavailable to Bitcoin holders.