- #7479
Wrapped Bitcoin-Stacks XBTC
XBTC Price
Market Cap
--Rank #7479FDV
--Rank #13181Investors
X Followers
Detailed Performance
XBTC shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
XBTC to USD Converter
Price History
- All-Time High
- $796,602.008.79x to ATH
- All-Time Low
- $2,376.8738.11x to ATL
- Trade Launch Date
- 28 Dec, 2021
1055 days ago
About XBTC
Wrapped Bitcoin-Stacks is a form of wrapped Bitcoin that operates on the Stacks network. It allows users to bring Bitcoin onto the Stacks network and utilize it within decentralized apps and smart contracts. Transactions involving Wrapped Bitcoin-Stacks settle on the Bitcoin blockchain, ensuring the same level of security as a regular Bitcoin transaction. This integration combines the programmability of the Stacks network with the value and stability of Bitcoin.
What makes Wrapped Bitcoin-Stacks unique?
Wrapped Bitcoin-Stacks (WBTC-Stacks) is unique compared to other cryptocurrencies for several reasons. Firstly, WBTC-Stacks operates as a layer on top of the Bitcoin blockchain, allowing it to leverage the security and reliability of the Bitcoin network. This makes WBTC-Stacks as secure as a Bitcoin transaction.
Secondly, WBTC-Stacks is built on Stacks, which is an open-source network of decentralized apps and smart contracts. This means that WBTC-Stacks can benefit from the programmability and flexibility of the Stacks platform. Apps on Stacks can include Bitcoin-based logic, enabling unique functionalities and use cases for WBTC-Stacks.
Additionally, WBTC-Stacks is part of the broader ecosystem of wrapped assets, which includes other wrapped cryptocurrencies like Wrapped Celo and Wrapped Zcash. This ecosystem aims to bring different cryptocurrencies onto the Ethereum blockchain, making them compatible with the Ethereum-based DeFi ecosystem. This integration into DeFi provides WBTC-Stacks with access to a wide range of decentralized financial services and applications.
In summary, WBTC-Stacks stands out for its integration with the Bitcoin blockchain, its utilization of the Stacks platform, and its inclusion in the ecosystem of wrapped assets, all of which contribute to its unique features and potential use cases.
Live Wrapped Bitcoin-Stacks Price Data
The current price of Wrapped Bitcoin-Stacks (XBTC) is approximately $90,583.00, reflecting a decrease of -0.97% in the last 24 hours. The XBTC trading volume in the last 24 hours stands at $13,032.77.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Wrapped Bitcoin-Stacks's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on XBTC, check out our crypto insights page.
Official Links
XBTC to USD Converter
Price History
- All-Time High
- $796,602.008.79x to ATH
- All-Time Low
- $2,376.8738.11x to ATL
- Trade Launch Date
- 28 Dec, 2021
1055 days ago