UTC-05:00,Monday , September 16th 2019

Tokenized Bitcoin Growing To Near &7 Mln

12:20 Friday , September 13th 2019
Ethereum based tokenized Bitcoins have been growing considerably this year, jumping in July from about $3.4 million to more than double near $7 million as pictured above.
The very new project launched only in October 2018 at the depth of the bear market, with it working pretty much like Tether, but for Bitcoin.
The idea of a Wrapped BTC (WBTC) however is pretty much the same as that of a stable coin like USDT.
Initially it looks like there wasn't much uptake, but gradually and especially since May there's a fairly straight up line as crypto prices went up.
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