Wrapped Bitcoin ( $WBTC) has surged, with a 44% increase in market cap since early August, backed by around 147,000 $BTC empowering the DeFi ecosystem through multi-jurisdictional custody.
While new alternatives have emerged, the market continues to favor WBTC, with our growth outpacing all competitors combined.
As adoption accelerates, we welcome the competition that offers users greater flexibility and enhances the DeFi landscape. With WBTC, the power of Bitcoin is now more accessible than ever.