cbBTC is onchain.

cbBTC is an ERC20 token that is backed 1:1 by Bitcoin (BTC) held by Coinbase.

This means millions of BTC holders can now securely access DeFi apps on Base and Ethereum ecosystems—with more chains coming soon.

Exciting news! With cbBTC, Bitcoin holders can finally bridge the gap between BTC and DeFi. This integration opens up endless opportunities for users to leverage their holdings across Base and Ethereum, with even more ecosystems on the horizon. The future of cross-chain solutions is here.