Base

Bitcoin

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.

We're building a Bitcoin economy on Base

That starts today with cbBTC — the easy, secure way to use your Bitcoin in the global onchain economy

Celebrate with a commemorative edition:

https://wallet.coinbase.com/nft/mint/cbbtc

✊🏻✊🏻🔵🔵🙏🏻🙏🏻🔥🔥🟠🟠

based!

Now please explain like I’m 10?