Wrapped Bitcoin

Wrapped Bitcoin WBTC

$10,755.61
Market Cap $ 930.063 MM (#26)
24h Volume $ 42.386 MM
Chg. 24h: 0.02%
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Wrapped Bitcoin project purpose and description

Wrapped Bitcoin clarity of purpose

Wrapped Bitcoin purpose and aspects

Wrapped Bitcoin delivers the power of Bitcoin with the flexibility of an ERC20 token. WBTC is the first ERC20 token backed 1:1 with Bitcoin.

Wrapped Bitcoin categories

Cyber security

Short description

Wrapped Bitcoin delivers the power of Bitcoin with the flexibility of an ERC20 token. WBTC is the first ERC20 token backed 1:1 with Bitcoin.

Abstract

Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin. WBTC standardizes Bitcoin to the ERC20 format, creating smart contracts for Bitcoin. This makes it easier to write smart contracts that integrate Bitcoin transfers.

Link to Roadmap: n/a
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