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
- Magic Definition
- Loan-to-Value (LTV) Definition
- Proof-of-Authority (PoA) Definition
- Wisdom Of Crowds (WoC) Definition
- Artifact Definition
