Tokenized Bitcoin in Circulation Nears a Half Million BTC, Bitcoin-Pegged Token Value Exceeds $21 Billion – Blockchain Bitcoin News

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Tokenized Bitcoin in Circulation Nears a Half Million BTC, Bitcoin-Pegged Token Value Exceeds $21 Billion – Blockchain Bitcoin News
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On December 28, there’s 434,265.43 bitcoin-pegged or wrapped bitcoin tokens worth more than $21.3 billion across several blockchains.

HBTC is followed by RENBTC , SBTC , IMBTC , PBTC , and TBTC , respectively. Accordingly, the 323,264BTCB Dominates by 24%, Tokenized Bitcoin in Circulation Issued by Blockstream, RSK Represent 1.

35% of Today’s Tokenized Bitcoin Totalprotocol that leverages the Binance Smart Chain called BTCB that’s just below WBTC in terms of TVL. At the time of writing, there’s around 105,115.44 BTCB in circulation on December 28.BTCB has a fully diluted market capitalization of around $5.52 billion and $43.6 million in global trade volume. The most active exchanges swapping BTCB today include Hitbtc, Pancakeswap v2, Thorchain, and Pancakeswap v1.

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