PLAIN CONCEPTS

Last updated: June 19, 2025, 06:54  |  Written by: Elizabeth Rossiello

Plain Concepts
Plain Concepts

Wrapped Bitcoin

Wrapped Bitcoin (WBTC) is an ERC-20 token that brings Bitcoin into the Ethereum ecosystem, allowing BTC holders to participate in decentralized finance (DeFi)

Wrapped crypto tokens are tokenized versions of different blockchain assets, pegged 1:1 to their original value. They enhance interoperability in DeFi, primarily

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What Is Wrapped Bitcoin (wBTC) And How Does It Work?

Wrapped Bitcoin is an ERC-20 token that runs on Ethereum and is backed 1:1 by Bitcoin. Learn how to wrap and unwrap BTC, the benefits and risks of wBTC, and how

Elizabeth Rossiello can be reached at [email protected].

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