
Wrapped Bitcoin Launches Promising Better Liquidity for DEXs and Merchants
Wrapped Bitcoin (WBTC) has launched on the Ethereum blockchain following significant hopes in the additional liquidity it can bring to decentralized exchanges (DEXs) and merchants. WBTC is an ERC-20 token contract on Ethereum that is pegged 1:1 with Bitcoin. The project is completely transparent and offers a dashboard that reveals the 1:1 ratio between BTC…
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