cbBTC
VerifiedCoinbase Wrapped BTC
on Ethereum
Decentralization
2/5
Contract Address
View on Explorer0xcbb7c0000ab88b473b1f5afd9ef808440eed33bfCoinbase Wrapped BTC (cbBTC) is a wrapped Bitcoin product issued by Coinbase, backed 1:1 by Bitcoin held in custody.
Custodian
Coinbase Custody Trust Company
centralised custody
Wrapping Mechanism
Type
centralised custody
Origin Chain
bitcoin
Description
Coinbase holds Bitcoin in custody and issues cbBTC tokens on Base and Ethereum
Technical Summary
Coinbase custody infrastructure secures underlying BTC. cbBTC tokens minted on Base L2 for lower fees and faster transactions.
Trust Assumptions
- Coinbase custody security
- Coinbase regulatory compliance
- Base L2 infrastructure reliability
Deployment Information
Launch Date
2024-09-12
Status
Active
Chain
Ethereum
cbBTC on Other Chains
Related Pages
Verification Notice
Contract addresses and verification data reflect information available as of the dates indicated. Always verify contract addresses independently on official blockchain explorers before interacting with any smart contract. This is not investment advice.