Coinbase has officially launched wrapped versions of Cardano (cbADA) and Litecoin (cbLTC) on its Layer 2 scaling solution, Base. This development, recently reported by Unfolded, expands the DeFi landscape on Base and offers users new opportunities. cbADA and cbLTC are representations of ADA and LTC respectively, designed to function within the Base ecosystem. This allows users to utilize these assets in decentralized applications (dApps) on Base, potentially unlocking new avenues for lending, borrowing, and trading. By bridging these established cryptocurrencies to Base, Coinbase aims to increase activity and liquidity within its L2 network. This move signifies Coinbase's continued commitment to developing the Base ecosystem and attracting a wider range of users and assets. While details on specific use cases are still emerging, the launch of cbADA and cbLTC offers increased accessibility and functionality within the growing world of Layer 2 solutions. Further announcements regarding incentivized pools or supported dApps are expected. ```