Wrapped Bitcoin Offers DeFi Opportunities, Carries Custodial Risks
So it’s no surprise that wrapped Bitcoin (WBTC) has quickly become a top option for BTC holders. Most importantly, it empowers them to participate meaningfully in the growing decentralized finance (DeFi) ecosystem. WBTC is an ERC-20 token that runs on the Ethereum blockchain. It’s the key to the whole Bitcoin...