A Bitcoin Backed Stablecoin Has Launched On The Ethereum

Dawn
3 min readDec 27, 2020

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A Bitcoin-Backed Stablecoin Has Launched on the Ethereum Blockchain A new token backed one-to-one with bitcoin is now live on the ethereum blockchain. “Wrapped BTC” …

News A new token backed one-to-one with bitcoin is now live on the ethereum blockchain. “Wrapped BTC” (WBTC) officially launched its ERC-20 token Wednesday evening. The project was first unveiled in October as a joint initiative between decentralized exchange startups Kyber Network and Republic Protocol. as well as cryptocurrency custody company BitGo.

A new token backed one-to-one with bitcoin is now live on the ethereum blockchain. “Wrapped BTC” (WBTC) officially launched its ERC-20 token Wednesday evening. The project was first unveiled in October as a joint initiative between decentralized exchange startups Kyber Network and Republic Protocol. as well as cryptocurrency custody company BitGo.

A new token backed one-to-one with bitcoin is now live on the ethereum blockchain. A new token backed one-to-one with bitcoin is now live on the ethereum blockchain. “Wrapped BTC” (WBTC) officially launched its ERC-20 token Wednesday evening. The project was first unveiled in October as a joint initiative between decentralized excha.

A Bitcoin-Backed Stablecoin Has Launched on the Ethereum Blockchain. January 31. 2019 August 7. 2019 Monica Chortle No Comment on A Bitcoin-Backed Stablecoin Has Launched on the Ethereum Blockchain. A new token backed one-to-one with bitcoin is now live on the ethereum blockchain.

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  • Tether is a stablecoin that’s pegged to the US Dollar. In 2019. Tether admitted in court documents that its stablecoin was only 74% backed by cash and cash equivalents. When most people think of cryptocurrencies. Bitcoin (BTC) is undoubtedly the first that comes to mind. Not only is it the first cryptocurrency ever launched. it’s also the largest cryptocurrency by market capitalization. and the …
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  • [ad_1] A new token backed one-to-one with bitcoin is now live on the ethereum blockchain. “Wrapped BTC” (WBTC) officially launched its ERC-20 token Wednesday evening. The project was first unveiled in October as a joint initiative between decentralized exchange startups Kyber Network and Republic Protocol. as well as cryptocurrency custody company BitGo.

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