- May 12, 2020
- 10
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Wrapped BTC (WBTC) surges as it becomes an accepted collateral asset
Wrapped Bitcoin (WBTC) went live on Ethereum at the beginning of 2019. It is an ERC-20 token backed 1:1 with real Bitcoin and is intended to capture the benefits that can result from the tokenization of the Bitcoin cryptocurrency. Such as integrating Bitcoin’s liquidity with Ethereum-based decentralized applications (dapps) and decentralized exchange.
The full article
Wrapped Bitcoin (WBTC) went live on Ethereum at the beginning of 2019. It is an ERC-20 token backed 1:1 with real Bitcoin and is intended to capture the benefits that can result from the tokenization of the Bitcoin cryptocurrency. Such as integrating Bitcoin’s liquidity with Ethereum-based decentralized applications (dapps) and decentralized exchange.
The full article
