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
- Bank Identifier Code (BIC) Definition
- Mutual Distributed Ledger (MDL) Definition
- Venture Capital (VC) Definition
- Verifiable Credentials Definition
- Private Key Definition
