Wrapped Bitcoin (WBTC) is a game-changer in the crypto world. It merges Bitcoin’s value with Ethereum’s innovation, allowing BTC holders to dive into decentralised finance (DeFi). Launched on January 31, 2019, WBTC has become a key player in the DeFi space. ERC20 Tokens Mirroring Bitcoin Each WBTC token represents one Bitcoin, backed 1:1 by BTC reserves held by custodians like…
