Wrapped Bitcoin is a tokenized version of Bitcoin (BTC) that runs on the Ethereum (ETH) blockchain.WBTC is backed by Bitcoin at a 1:1 ratio via a network of automatically monitored merchants and custodians, ensuring that its price is pegged to Bitcoin at all times and allows users to transfer liquidity between the BTC and the ETH networks in a decentralized and autonomous manner. To know more about its market circulation, founders and its uniques features watch our complete video.
Time code
0:00-Intro
0:17-Main headline
0:49-Founders
1:00-Unique features
1:38-Market circulation
2:05-Outro
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