Quick Take
- Wrapped Bitcoin (WBTC), an Ethereum-based token pegged to Bitcoin, has failed to see significant momentum over the past 12 months.
- WBTC’s lack of traction within money-market Compound may bode...
Quick Take
- Wrapped Bitcoin (WBTC), an Ethereum-based token pegged to Bitcoin, has failed to see significant momentum over the past 12 months.
- WBTC’s lack of traction within money-market Compound may bode ill for alternative ‘Bitcoin-on-Ethereum’ implementations, which many believe will see adoption as a collateral type for the MakerDAO credit facility.
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source https://www.tokentalk.co/The Block/wbtc-a-year-in-review-5df6b821fe53b7906df3f171
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