Coinbase cbBTC expands to Robinhood via Chainlink CCIP
Coinbase's cbBTC is expanding to Robinhood Crypto, powered by Chainlink CCIP as its exclusive cross-chain infrastructure. Connecting cbBTC to Robinhood Chain gives ecosystem builders access to a Bitcoin-backed asset with over $7.5 billion in circulation.
The expansion unlocks lending and borrowing markets using cbBTC as collateral, cbBTC liquidity pools on Robinhood Chain DEXs, and Bitcoin-denominated vaults, yield strategies, and derivatives, with value transfer between Base and Robinhood Chain bridged via CCIP. Through the Cross-Chain Token (CCT) standard, cbBTC operates across chains as a natively interoperable token, keeping the same developer experience and security guarantees.
Sources
- Through the Cross-Chain Token (CCT) standard, cbBTC expands across chains as a natively interoperable token powered by CCIP. Same developer experience, same security guarantees. Replying to their earlier post: This expansion further unlocks: -> Lending and borrowing markets with cbBTC as collateral -> cbBTC liquidity pools on Robinhood Chain DEXs -> Bitcoin-denominated vaults, yield strategies, an…x.com ↗
- This expansion further unlocks: -> Lending and borrowing markets with cbBTC as collateral -> cbBTC liquidity pools on Robinhood Chain DEXs -> Bitcoin-denominated vaults, yield strategies, and derivatives -> Value transfer between @Base and Robinhood Chain bridged via CCIP Replying to their earlier post: NEW: @Coinbase’s cbBTC is expanding to @RobinhoodCrypto, powered by Chainlink CCIP as its exclusive cross-chain infra. By connecting cbBTC to Robinhood Chain, ecosystem builders now have access to a…x.com ↗
- NEW: @Coinbase’s cbBTC is expanding to @RobinhoodCrypto, powered by Chainlink CCIP as its exclusive cross-chain infra. By connecting cbBTC to Robinhood Chain, ecosystem builders now have access to a Bitcoin-backed asset with over $7.5 billion in circulation. https://t.co/29H7zXgYoPx.com ↗
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