With the release of Coinbase’s own wrapped bitcoin product (cbBTC), there has been a discussion across the crypto community as to which product is best for users. While many of the topics surrounding these tokens are still being discussed; including proof of reserves, audits, address blacklisting, etc. It is clear that Wrapped BTC (WBTC) is still the king as weekly activity reaches an all time high and surpasses activity levels unseen since past bull markets.

Written by CQ Ben