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Wrapped Bitcoin ( WBTC ) an ERC20 token backed 1:1 with Bitcoin
WBTC changes that, bringing Bitcoin’s liquidity to DEXs and making it possible to use Bitcoin for token trades. WBTC standardizes Bitcoin to the ERC20 format, creating smart contracts for Bitcoin. This makes iteasier to write smart contracts that integrate Bitcoin transfers.
U se C a se s Tokenization T h e act o f t o ken i z i n g asset s can : I n crease sp eed o f t ran sact i o n s E t h ereu m b l o cks are creat ed every ~1 5 seco n d s an d i t i s p o ssi b l e t o h ave a f ai r d eal o f