Coinbase Wrapped XRP Expands DeFi Reach as Doppler Finance Brings cbXRP to Base

Doppler Finance is expanding its institutional-grade infrastructure from the XRP Ledger (XRPL) to Base, enabling Coinbase Wrapped XRP (cbXRP) to access a broader range of decentralized finance (DeFi) applications.

Backed 1:1 by more than $113 million in XRP reserves, cbXRP will initially gain support for lending, borrowing, collateralization, and other on-chain financial services, with additional tokenized assets planned in future deployment phases. The move forms part of Doppler’s multichain strategy to extend institutional utility beyond a single blockchain while leveraging Base’s growing DeFi ecosystem. As wrapped assets continue to bridge liquidity across networks, the integration highlights the increasing convergence of XRP infrastructure, tokenized assets, and Ethereum-compatible ecosystems. The development also reinforces a broader industry trend toward expanding cross-chain interoperability and creating new institutional use cases for digital assets beyond simple payments and trading.

Clever Robot News Desk 30^th July 2026