tBTC TBTC

tBTC is a protocol that aims to bring Bitcoin to the world of decentralized finance (DeFi). It allows users to convert their Bitcoin into an ERC-20 token called tBTC, which can then be used in DeFi applications on the Ethereum blockchain. tBTC provides a way to bridge the gap between Bitcoin and Ethereum, enabling Bitcoin holders to access the benefits of DeFi without having to sell or convert their Bitcoin holdings.

tBTC is unique compared to other cryptocurrencies because it enables Bitcoin holders to participate in decentralized finance (DeFi) and access the expanding web3 universe. It is the result of the first on-chain merger between protocols KEEP and NU. tBTC brings smart contracts to Bitcoin, allowing users to put their capital to work in DeFi. Unlike other options like WBTC, which is limited and centralized, tBTC offers decentralization and cross-chain capabilities. It also allows ETH holders to earn KEEP tokens by securing the Keep network. Overall, tBTC offers immediate utility and the potential for future growth and innovation in the DeFi space.