Wrapped Bitcoin (WBTC)
Definition of what Wrapped Bitcoin (WBTC) stands for (in finance):
A tokenized version of Bitcoin that operates on the Ethereum blockchain, allowing BTC holders to participate in decentralized finance (DeFi) applications.
More Term Definitions
- Hash Value Definition
- Stable Coin Definition
- Halving Definition
- Chief Digital Officer (CDO) Definition
- Front-Office Definition
