The circulation of BTC-anchor coins in Ethereum exceeded 280,000 units, set a record high.

Cloud Rush
2 min readSep 29, 2021
BTC

Recently, the issuance of BTC-anchor coins issued by Ethereum exceeded 280,000 units for the first time, created a record high since its issuance.

At present, the three largest BTC-anchor coins issued on the Ethereum blockchain are 1. WBTC (205,271 coins, with a locked amount of 9,250,457,610 US dollars); 2. HBTC (39,906 coins, with a locked amount of 1,798,362,474 US dollars) ; 3. renBTC (15,192 coins, locked position is 684,625,231 USD). According to the current price calculation, the total lock-up volume of BTC-anchor coins is US$12.67 billion.

BTC

The BTC anchor coin is a special type of the token issued on a non-Bitcoin network whose price is anchored to the native BTC. It is issued based on BTC 1:1. The BTC anchor coin will help BTC holders participate in the Ethereum ecosystem to open up the DeFi link with its ecosystem and obtain benefits in DeFi.

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