WHILE ADA PRICE

Last updated: June 17, 2025, 03:30  |  Written by: Vitalik Buterin

While Ada Price
While Ada Price

What Are Wrapped Tokens

What Are Wrapped Tokens? A wrapped token is a digital asset pegged to the value of an original cryptocurrency or token, usually mirroring the price of that digital asset on a 1:1 ratio. As a rule, wrapped tokens reside on different blockchains than the underlying asset.

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In This Beginner

In this beginner’s guide, we’ll break down what wrapped tokens are, how they work, their use cases, and why they matter. We’ll also provide actionable insights to integrate wrapped tokens

Vitalik Buterin can be reached at [email protected].

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