WebApr 11, 2024 · One Wrapped Bitcoin (WBTC) is currently worth $28,180.09 on major cryptocurrency exchanges. You can also exchange one Wrapped Bitcoin for 1.00058819 bitcoin (s) on major exchanges. The value (or market capitalization) of all available Wrapped Bitcoin in U.S. dollars is $4.24 billion. This page was last updated on … WebJan 7, 2024 · FAQs. Wrapped Bitcoin (wBTC) is a tokenised bitcoin (BTC) asset established in January 2024 as a joint project between the digital asset custodian BitGo and the two liquidity merchants Kyber, and Ren. By far the most popular of all tokenised BTC products, Wrapped Bitcoin provides BTC holders with the ability to deploy their assets …
What Is Wrapped Bitcoin (wBTC)? Your Ultimate Guide
WebMay 17, 2024 · WBTC stands for Wrapped Bitcoin, simply an ERC-20 token that represents Bitcoin—one WBTC equals one BTC. A BTC can be converted into a WBTC and vice-versa. Being an ERC-20 token makes the transfer of WBTC faster than normal Bitcoin, but the key advantage of WBTC is its integration into the world of Ethereum … WebAug 11, 2024 · While several brands of wrapped bitcoin exist, the most popular one is an ERC-20 version aptly named wrapped bitcoin (wBTC). ... Interlay claims iBTC is that better solution. Apparently, iBTC is ... hmm data in r
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WebFeb 4, 2024 · Wrapped bitcoin dominates 81% of the market for wrapped tokens; the next largest token, renBTC, has a market capitalization of $672 million. WBTC was created by … WebJan 27, 2024 · Meanwhile, Digital Coin has more conservative target prices for the WBTC token. It estimated the average price of WBTC in 2024 could be $50,510, moving up to $57,533 in 2024, $73,278 in 2025 and $154,555 in 2029. According to Price Prediction 's wrapped bitcoin prediction, the average price of WBTC/USD could reach $55,066 in … WebOct 8, 2024 · CoinMarketCap explains that Wrapped Bitcoin (WBTC) is a fairly new innovation that effectively brings Bitcoin to the Ethereum blockchain. One of the main use cases for WBTC lies in decentralized ... hmm durango