Crypto News

Secured bitcoin Ethereum tokens added to the loan Protocol Maker

The owners of the token Maker approved the proposal to add Bitcoin Wrapped (WBTC) ― the Ethereum token provided by bitcoin 1:1 ― as a new type of security for your credit record.

According to the message in a blog, WBTC will be the fourth type of collateral to the Maker (along with ETH, USDC and BAT) when creating stablon DAI. Stablon USDC was added in mid-March.

“Adding WBTC means that the holders of bitcoins can now convert your BTC to WBTC (to transfer the bitcoin blockchain of Ethereum), and then use it to generate a DAI”, ― stated in the message.

WBTC was launched in late January of last year, and, according to current data, the market capitalization of the token is just under $10 million.

Source:

coinspot.io

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