What is Wrapped Bitcoin in Crypto? — adidaswilson

Wrapped Bitcoin (WBTC) is a cryptocurrency that represents Bitcoin on the Ethereum blockchain. It is an ERC-20 token, which means it is built using Ethereum smart contracts and follows the Ethereum blockchain’s rules and standards. WBTC is designed to bring the liquidity and functionality of Bitcoin to the Ethereum ecosystem, enabling users to leverage the benefits of both blockchains.