Coinbase may launch cbBTC and build a Bitcoin economic system on the Base network
$Bitcoin (BTC.CC)$ Wu said that Coinbase tweeted "cbBTC" and said it will be launched soon, but no specific information has been disclosed. Jesse Pollak, head of the Base protocol of the L2 network supported by Coinbase,said thata huge Bitcoin economic system will be established on the Base network.Previously, Bitgo announced plans to transfer control of the WBTC product to a joint venture with BiT Global, establishing a strategic partnership with Justin Sun and the Tron ecosystem, but the community is concerned that Justin Sun has a significant influence on the joint venture that potentially manages WBTC. BA Labs previously proposed an emergency action proposal to MakerDAO to limit WBTC exposure.
It's a good precursor to talk about it, right? https://j.moomoo.com/01ajE9
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