Wrapped Bitcoin's Dominance in DeFi Ecosystem
10/25/2024 3:15:06 PM
According to WrappedBTC, Wrapped Bitcoin (WBTC) continues to be the leading asset within the decentralized finance (DeFi) ecosystem, facilitating the bridging of nearly $10 billion worth of Bitcoin (BTC) to the Ethereum network. Since Bitcoin does not inherently support smart contracts, WBTC plays a crucial role in enabling Bitcoin’s integration and utilization within DeFi platforms. (Source)
Bitcoin Ethereum Wrapped Bitcoin DeFi WBTCMore from Undefined (@Undefined):