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BitGo participated in the launch of a steablcoin based on Ethereum provided with Bitcoin



A new ERC-20 standard token called Wrapped Bitcoin (WBTC) has been launched in the Ethereum block chain. This is a steyblecoin, which, it is claimed, is fully endowed with bitcoin.

Companies such as Kyber Network, Republic Protocol and BitGo attended the launch of the project. In total, WBTC has 26 partners and 15 decentralized autonomous organizations (DAOs).

The WBTC token is designed to provide greater liquidity in the Ethereum ecosystem, including decentralized exchanges and financial applications. It is expected to have many different applications, from the use in payments to the creation of flexible intelligent contacts.

Stablebcoin WBTC uses atomic exchange technology to perform cryptocurrency transactions. For example, Ethereum users, after undergoing AML / KYC procedures, may request WBTC from certified merchants.

Full certified spiskok merchants and decentralized financial applications that support the project include: Dolomite, Dharma, Idex, Radar Relay, Blockfolio, SwitcheoNetwork, BZX, Ethfinex, dy / dx, imToken, CoinGecko, AirSwap, Compound, DDEX, Hydro, Gnosis, GOPAX , Loopring Protocol, MakerDAO, OmiseGO, Prycto, Ren, Set Protocol, The Ocean, Kyber Network and BitGo.

Recall, earlier this month, plans to launch their own style were announced by the exchange of Huobi cryptocurrencies.

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