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Wrapped Bitcoin (Universal)ubtc
ubtc

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Updated 7 months ago by

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UBTC | Wrapped Bitcoin (Universal) Crypto Research

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uBTC is a tokenized version of Bitcoin (BTC) that runs on multiple blockchains including Base, Polygon, and Arbitrum. uBTC is an ERC-20 token, allowing it to be fully integrated into the DeFi ecosystem across multiple Ethereum blockchains. uBTC is backed by BTC at a 1:1 ratio via a network of merchants, ensuring that its price is pegged to the price of Bitcoin at all times. Underlying reserves are held with Coinbase Custody.
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