Exploring Wrapped Bitcoin: Bridging BTC and Ethereum
Wrapped Bitcoin (WBTC) has emerged as a groundbreaking solution that integrates Bitcoin’s liquidity with Ethereum‘s extensive decentralized application framework. Launched on January 31, 2019, WBTC operates as an ERC-20 token, allowing it to function within Ethereum’s ecosystem, which supports a variety of decentralized finance (DeFi) applications.