After cbBTC and cbETH, Coinbase is now planning to launch cbDOGE, cbXRP, cbLTC, and cbADA. In the past, there were countless projects and ideas trying to bring non-Turing complete assets to Ethereum through various methods, but none managed to scale successfully. This year feels different. The trend toward regulatory compliance is becoming clear, user acceptance is rising, and a large number of assets that couldn’t participate in on-chain financial activities will flood into the blockchain and DeFi through this approach.