Bitcoin (BTC) is the original cryptocurrency, but its blockchain is limited to basic transactions and doesn’t support smart contracts or direct participation in DeFi (Decentralized Finance). This is where Wrapped Tokens come in.
Wrapped Bitcoin (WBTC) bridges the gap by representing Bitcoin on smart contract-enabled networks like Polygon. Each WBTC token is backed 1:1 by real BTC held securely by certified custodians, combining Bitcoin’s value with the flexibility of modern DeFi.
With WBTC, you gain:
- Faster, lower-cost transactions on scalable networks
- Access to DeFi platforms and decentralized exchanges (DEXs)
- Full transparency and security, backed by real BTC
In short, WBTC makes Bitcoin usable in today’s DeFi ecosystem, fast, flexible, and efficient. The same principle applies to other wrapped tokens like WETH and Wrapped SOL, enabling cross-chain utility without sacrificing trust.
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