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What is Wrapped Bitcoin (WBTC)?

Posted on February 20, 2023 By wbtc
What is Wrapped Bitcoin (WBTC)?
Overview

Wrapped Bitcoin (WBTC) is a relatively new innovation in the world of cryptocurrency. It is a tokenized version of Bitcoin that is designed to be used on the Ethereum blockchain. WBTC is an ERC-20 token that represents one Bitcoin, and it is backed by actual Bitcoin held in reserve by a group of custodians. In … Read More “What is Wrapped Bitcoin (WBTC)?” »

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