What is Wrapped Bitcoin (WBTC)?

Wrapped Bitcoin (WBTC)

Crypto

Wrapped Bitcoin (WBTC): Wrapped Bitcoin tokenises BTC on Ethereum as an ERC-20 asset, enabling participation in DeFi protocols while maintaining Bitcoin backing.

Used in these stories

Coinbase Introduces cbBTC: Wrapped Bitcoin Aims to Rival BitGo’s WBTC12 September 2024
Credit and debit cards will be accepted by Uniswap for cryptocurrency purchases20 December 2022

Related terms

BIP (Bitcoin Improvement Proposal)
Bitcoin (BTC)
Bitcoin Cash (BCH)
Bitcoin Core
PSBT (Partially Signed Bitcoin Transaction)
Wrapped Token

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