Tag: wrapped bitcoin

Wrapped Bitcoin Offers DeFi Avenues for BTC Holders Seeking Yield

Wrapped Bitcoin Offers DeFi Avenues for BTC Holders Seeking Yield

Bitcoin (BTC) holders have a powerful new way to access the burgeoning world of DeFi with Wrapped Bitcoin (WBTC). WBTC is an ERC-20 token backed 1:1 by BTC, enabling BTC holders to engage in Ethereum-based DeFi protocols. This can create an opportunity for BTC holders to earn interest. Although Bitcoin...

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