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Doppler Finance expands Coinbase Wrapped XRP DeFi use on Base, backed by $113M XRP reserves

Protocol Fundamentals
29 Jul 2026
Bitcoin
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Bullish
Doppler Finance expands Coinbase Wrapped XRP DeFi use on Base, backed by $113M XRP reserves

Doppler Finance is extending its institutional-grade infrastructure from the XRP Ledger to the Base blockchain, starting with Coinbase Wrapped XRP (cbXRP), which is backed by over $113 million in XRP reserves. This phased expansion aims to enhance lending, borrowing, and collateral options for tokenized assets, making them more accessible for institutional use within Base's decentralized finance ecosystem. Coinbase's cbXRP allows users to maintain XRP exposure while engaging with Base applications, supporting broader onchain financial services. Future phases will add support for more tokenized assets as Base's ecosystem grows, marking a significant step in multichain DeFi development.

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Cardano joins x402 standard to enable AI agent payments with ADA tokens

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Coinbase CEO defends USDC rewards as distinct from bank interest amid regulatory battles.

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