Doppler Finance Brings Institutional-Grade Lending to Base via cbXRP

XRP holders have gained access to institutional-grade lending and borrowing options on Base, Coinbase's Ethereum Layer-2 chain. Doppler Finance has expanded its infrastructure to Base, allowing cbXRP (Coinbase Wrapped XRP) to be used for lending, borrowing, and collateral strategies.

This move marks a significant development in the DeFi trajectory of cbXRP, which was launched by Coinbase on June 5, 2025. The token's first major DeFi integration came via Moonwell, a lending protocol on Base, which grew to $1.2M in cbXRP liquidity.

According to Doppler Finance Head of Institutions Rox Park, the expansion represents 'a structural shift' that requires infrastructure extending beyond any single blockchain. The next phase of tokenized finance is now being put into place on Base.