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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.

best money management ✌️【365vc.net】✌️Achieve 100% returns in a month. AI-driven predictions make investing easy and profitable. Start today!WBTC is utilized for lending, borrowing, swapping, yield farming, and liquidity pools in Aave, Balancer, Compound, Kyber Network, MakerDAO, and Uniswap.

best money management ✌️【365vc.net】✌️Invest ₹500 in our expert-managed funds and enjoy exponential monthly profits. Join now!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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