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Cryptocurrency Q&A What network does Coinbase use for BTC?

What network does Coinbase use for BTC?

Federica Federica Mon Dec 02 2024 | 5 answers 903
Coinbase uses the Ethereum network for its wrapped BTC (cbBTC). This allows BTC to be used on the Ethereum network, mainly for DeFi applications. The cbBTC is backed by 1:1 Bitcoin reserves and is designed to enhance Bitcoin's accessibility in the DeFi space. What network does Coinbase use for BTC?
coinbase btc network

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