The Uniswap Foundation has proposed in the Lido community that stETH and wstETH (encapsulated staked ETH) be deployed to Unichain, allowing the Network Expansion Council to endorse stETH/wstETH cross-chain endpoints on Unichain as a specification.
Coinbase has officially launched its encapsulated bitcoin version, Coinbase Wrapped BTC (cbBTC). The token, which runs on the Ethereum network and is backed by 1:1 bitcoins, is designed to allow traders to use bitcoins on Ethereum, primarily for DeFi. Coinbase says cbBTC will run on the Ethereum mainnet and its own L2 network, Base, connecting deep off-chain bitcoin liquidity to low-cost, high-speed financial tracks on Base and Ethereum for the first time.