tBTC: Trustless, non-custodial, bitcoin-backed Ethereum token.
tBTC, backed 1:1 by Bitcoin, is a trustless, non-custodial ERC-20 token on Ethereum, secured by the Keep Network. It was upgraded from V1 to V2.
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What is tBTC (TBTC)?
tBTC is an ERC-20 token on the Ethereum blockchain that is fully backed by Bitcoin on a 1:1 basis and represents the first application built on the Keep Network. Unlike other BTC-backed tokens like wBTC, tBTC is designed to be trustless and non-custodial, meaning it does not rely on a centralized custodian. When tBTC is minted in exchange for BTC, the private keys of the Bitcoin are stored securely in encrypted off-chain containers within the Keep Network, eliminating the need for a trusted intermediary. Although tBTC aims to stay pegged to BTC, market activity on platforms like Kraken can cause its value to diverge from Bitcoin's. Notably, tBTC has been upgraded from version 1 to version 2, enhancing its features and security. For more details, see: https://blog.threshold.network/an-updat...
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tBTC price live information
As of now, tBTC is trading at 94 707.908374 USD, with a 24-hour trading volume of approximately 0 USD. The TBTC to USD price is updated in real time. Over the past 24 hours, tBTC has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 471.30M USD. Currently, there are 4 976.364161 TBTC in circulation out of a maximum supply of 4 976.364161 TBTC.
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