Kraken introduces new kBTC! 🎉
- kBTC is an ERC-20 standard token fully supported by Kraken.
- It is 1:1 backed by Bitcoin and can be used in applications like DeFi.
- It is compatible with networks like Ethereum and OP Mainnet.
- Kraken emphasizes best practices and transparency. Users can verify their kBTC reserves on-chain.
A new step in the crypto world, but be careful! 🚨