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
- Back-Office Definition
- Financial Wellness Definition
- Enterprise Blockchain Definition
- Alternative Lending Definition
- Access-to-Account (XSA, XSTA) Definition
