Coinbase Launches cbBTC and USDC Support on Solana

馃尡 Coinbase Plants on Solana

By Garden
Aug 21, 2025, 3:57 PM
twitter

Coinbase has expanded its Solana ecosystem integration by launching both cbBTC and USDC support.​ cbBTC, Coinbase's first SPL token on Solana, is backed 1:1 by Bitcoin held in Coinbase custody.​

Key integrations include:

  • Trading on Jupiter, Meteora, and Raydium
  • DeFi services via Kamino Finance and Phoenix
  • Liquidity provision through Orca and Drift Protocol

The cbBTC contract address on Solana is: cbbtcf3aa214zXHbiAZQwf4122FBYbraNdFqgw4iMij

Users can now send cbBTC to Solana directly through Coinbase's platform

Sources
Read more about Garden

Garden Co-founder Explains Bitcoin DeFi Strategy

Garden co-founder @jzgulati shared insights on why the platform is **strategically positioned** to onboard the next generation of Bitcoin holders into DeFi. Key positioning advantages: - **Trustless atomic swaps** eliminate custodial risks - **Cross-chain compatibility** without asset locking - **Peer-to-peer orderbook** system The timing aligns with growing Bitcoin adoption and increasing demand for DeFi access. Garden's bridge technology addresses traditional pain points that have kept Bitcoin holders away from decentralized finance. *This represents a significant opportunity* as Bitcoin's market continues expanding beyond simple holding strategies.

Jumper Exchange SuperFest Reaches $50M Volume in Two Weeks

Jumper Exchange SuperFest Reaches $50M Volume in Two Weeks

Jumper Exchange's SuperFest has achieved significant milestones in its first two weeks: - **$50M total volume** bridged across multiple chains - Over **30,000 users** participating - **Chain distribution**: - Base: $25M inflows - Optimism: $21M inflows - Mode Network: $2M inflows - Frax: <$1M inflows **Bridge Performance**: - Stargate V2: $20M+ - Across: $13M - Celer: $5M - OP Mainnet: $4M 215,000 OP tokens distributed out of 1.5M total rewards. Join SuperFest at [jumper.exchange/superfest](http://jumper.exchange/superfest)

Meet Our Founder

Meet Our Founder

We're excited to introduce you to the visionary behind Garden, our innovative Bitcoin bridge. Our founder's journey in the crypto space has led to the creation of a platform that enables instant, trustless swaps between Bitcoin and assets on any chain. Key points: - Garden facilitates peer-to-peer atomic swaps - No centralized custodians or asset locking involved - Utilizes an orderbook system for efficient trades Stay tuned for an exclusive interview where we'll delve into the founder's background, vision for Garden, and insights on the future of cross-chain interoperability. *Want to learn more about the mind behind Garden?* Check out our upcoming feature!

DeFiExchanges