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It enhances liquidity and enables Bitcoin's use in DeFi.

Managed by the WBTC DAO, it integrates with wallets, dapps, and smart contracts.

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investment affordable experts tax saving ✌️【365vc.net】✌️Start with ₹500 and achieve up to 100% monthly returns. Simple, safe, and highly profitable.WBTC was collaboratively launched in January 2019 by BitGo, Ren, Dharma, Kyber, Compound, MakerDAO, and Set Protocol.

Merchants and custodians facilitate token minting and burning, with custodians storing BTC and performing transactions on Ethereum.Because of the 1:1 mapping with bitcoin, the WBTC price tends to track that of the larger cryptocurrency.

It touched an all-time low of $3,139.17 on April 2, 2019, before climbing to a record-high price of $66,109.97 on Oct.

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