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š Wrapped Litecoin (cbLTC) Launches on BaseāCoinbaseās Latest Power Play
š Wrapped Litecoin (cbLTC) Launches on BaseāCoinbaseās Latest Power Play
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Base just got heavier. Coinbase's cbLTCāa wrapped version of Litecoināis now live on the layer-2 network, giving traders another shiny toy in their DeFi sandbox.
Why it matters: This isn't just another token bridge. It's a strategic chess move by Coinbase to dominate liquidity flows across chainsāwhile traditional finance still struggles with SWIFT transfers.
The cynical take: Wall Street spends millions 'researching' crypto adoption. Meanwhile, Coinbase just deployed a working asset bridge during their coffee break.
What's next? Watch for cbLTC pairs to eat into centralized exchange volumeāanother step toward making intermediaries obsolete. The revolution won't be custodial.
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