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22 June 2021

One percent of Bitcoin’s supply has been locked in the WBTC protocol

One percent of Bitcoin’s supply has been locked in the WBTC protocol


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One percent of Bitcoin’s circulating supply is currently tokenized as Wrapped BTC (WBTC), equating to nearly $6.2 billion worth of BTC. .

BitGo is the custodian for the Wrapped Bitcoin protocol, which was launched its Bitcoin-backed ERC-20 token WBTC on Ethereum in January 2019.

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cointelegraph.com
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