Coinbase has announced the introduction of wrapped XRP and Dogecoin on its platform, opening doors to decentralized finance (DeFi) for these two popular cryptocurrencies. This development signifies a substantial evolution in how users interact with these assets within the DeFi ecosystem. Wrapped tokens will allow users to engage with DeFi protocols, enhancing liquidity and offering new opportunities for trading and yield generation. By providing this access, Coinbase is positioning itself as a critical player in the rapidly developing DeFi space. Users are eagerly exploring these new functionalities, potentially signaling a shift in how these cryptocurrencies can be utilized in the broader financial ecosystem.