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Coinbase Wrapped BTC (cbBTC) is a token on Solana, launched on Nov 7, 2024.
Coinbase Wrapped BTC ("cbBTC") is an SPL token that is backed 1:1 by Bitcoin (BTC) held by Coinbase. cbBTC is built to be seamlessly compatible with DeFi applications, giving customers the option to tap into DeFi and unlock financial utility.