WBTC: A year in review

Quick Take

  • Wrapped Bitcoin (WBTC), an Ethereum-based token pegged to Bitcoin, has failed to see significant momentum over the past 12 months. 
  • WBTC’s lack of traction within money-market Compound may bode ill for alternative ‘Bitcoin-on-Ethereum’ implementations, which many believe will see adoption as a collateral type for the MakerDAO credit facility. 

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WBTC: A year in review written by Matteo Leibowitz @ https://www.theblockcrypto.com/genesis/50528/wbtc-a-year-in-review?utm_source=rss&utm_medium=rss December 16, 2019 Matteo Leibowitz

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