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Wrapped Bitcoin ($WBTC), the pioneering wrapped Bitcoin, is now integrated into the Solana blockchain through Wormhole's multichain ecosystem. As a fully transparent and verifiable ERC20 token backed 1:1 with Bitcoin, $WBTC enhances decentralized finance (DeFi) by enabling Bitcoin's use within Ethereum's functionalities. Recently, through the Portal Token Bridge powered by Wormhole, $WBTC has been locked and minted on Solana, further expanding its utility. This move brings approximately 150,000 in $WBTC liquidity to Solana, accessible for multichain transfers. Users can now transfer $WBTC from Ethereum to Solana, leveraging its fast transaction capabilities and engaging with key Solana DeFi projects like Drift Protocol, Kamino Finance, and Orca. This integration marks a significant development for both blockchains, promoting greater interoperability and flexibility within the cryptocurrency ecosystem.
24 июн 2024
