$22 651
1H
-0.91%$208
24H
-2.29%$531
7D
7.61%$1 602
30D
36.2%$6 015
Wrapped Bitcoin is a tokenized version of Bitcoin (BTC) that runs on the Ethereum (ETH) blockchain.
WBTC is compliant with ERC-20 — the basic compatibility standard of the Ethereum blockchain — allowing it to be fully integrated into the latter’s ecosystem of decentralized exchanges, crypto lending services, prediction markets and other ERC-20-enabled decentralized finance (DeFi) applications.
WBTC is also backed by Bitcoin at a 1:1 ratio via a network of automatically monitored merchants and custodians, ensuring that its price is pegged to Bitcoin at all times and allows users to transfer liquidity between the BTC and the ETH networks in a decentralized and autonomous manner.
Wrapped Bitcoin and Uniswap tokens were created with two very different purposes, and their mandate goes beyond mere financial transactions.
BigCommerce is allowing its merchants to expand their payment options and widen their market share.
As per reports, Celsius has repaid more than $300 million of debt since the beginning of July unlocking a major part of its collateral. It still has $140 million in loans left to be paid to Aave and Compound.
Gucci is going to accept payments in 12 digital assets.
The BitPay integration will boost sales for Wix merchants while offering broader crypto payment options to customers. BitPay will facilitate payments in 12 different cryptocurrencies.