News

Monad's cbBTC bridge may add $5B in Bitcoin-backed liquidity

  • Cointelegraph by Nate Kostar--Cointelegraph
  • published date: 2026-03-02 21:21:31 UTC

Chainlink has enabled transfers of Coinbase’s wrapped Bitcoin token, cbBTC, from Base to the Monad blockchain, bringing more than $5 billion in BTC-backed liquidity into the Monad DeFi ecosystem.

Chainlink has enabled transfers of Coinbases wrapped Bitcoin token, cbBTC, from Base to the Monad blockchain using its Cross-Chain Interoperability Protocol, enabling more than $5 billion worth of cb… [+2849 chars]