Convert Rings scUSD SCUSD to Wrapped Bitcoin WBTC
SCUSD to WBTC: 1 Rings scUSD converts to 0.00001246 WBTC
About SCUSD and WBTC
Rings scUSD is falling, while Wrapped Bitcoin is climbing this week. The current SCUSD to WBTC conversion rate is 0.00001246. Inversely, this means that if you convert 1 WBTC you will get 80,226.97 SCUSD. The conversion rate of SCUSD/WBTC has decreased by 0.05% in the last hour (WBTC/SCUSD increased by 0.05%). In the last 24 hours, SCUSD/WBTC shrunk by 0.17%, while WBTC/SCUSD grew by the same amount.
The exchange rate of Rings scUSD is decreasing. The current value of 1 SCUSD is 0.00001246 WBTC. In other words, to buy 5 Rings scUSD, it would cost you 0.00006232 WBTC. Inversely, 1 WBTC would allow you to trade for 80,226.97 SCUSD while 50 WBTC would convert to 4,011,348.52 SCUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.76%. Meanwhile, in the last 24 hours, the rate has changed by 1.02%, and that the highest exchange rate of 1 SCUSD to WBTC was 0.00001268 WBTC and the lowest 24 hour value was 1 SCUSD for 0.00001201 WBTC. Last month, 1 SCUSD was worth 0.00001439 WBTC. Today, it's down 15.44%. Looking back a year, Rings scUSD has changed by 0.000008647 WBTC. That means that in a single year, the value of Rings scUSD has grown by 30.62%.
Rings scUSD Market Stats
Rings is the meta-stable protocol of Sonic chain. It is the main bridge for Ethereum Mainnet stablecoins and ETH derivatives token holders to start earning yield on Sonic. Bridge ETH & Stablecoin from Mainnet to Sonic, Mint scETH and scUSD, stake it for stkETH and stkUSD to make it yield bearing, or lock it for veETH and veUSD to access governance power. When minting scUSD and scETH, users deposit their initial into Veda Vaults which then reallocate the backing toward yield bearing strategies. The yield generated is then redistributed across eligible Sonic dApps and the distribution is controlled by the veUSD gauge tokenomic.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Conversion tables
SCUSD to WBTC values from Today at 5:53 am
0.5 SCUSD = 0.000006232 WBTC |
1 SCUSD = 0.00001246 WBTC |
5 SCUSD = 0.00006232 WBTC |
10 SCUSD = 0.0001246 WBTC |
50 SCUSD = 0.0006232 WBTC |
100 SCUSD = 0.001246 WBTC |
500 SCUSD = 0.006232 WBTC |
1,000 SCUSD = 0.01246 WBTC |
WBTC to SCUSD values from Today at 5:51 am
0.5 WBTC = 40,113.49 SCUSD |
1 WBTC = 80,226.97 SCUSD |
5 WBTC = 401,134.85 SCUSD |
10 WBTC = 802,269.70 SCUSD |
50 WBTC = 4,011,348.52 SCUSD |
100 WBTC = 8,022,697.03 SCUSD |
500 WBTC = 40,113,485.16 SCUSD |
1,000 WBTC = 80,226,970.32 SCUSD |
SCUSD to WBTC over time
SCUSD | Today | 24H -1.02% | 1M -15.44% | 1Y 30.62% |
|---|---|---|---|---|
0.5 SCUSD | 0.000006232 WBTC | 0.000006296 WBTC | 0.000007195 WBTC | 0.000004324 WBTC |
1 SCUSD | 0.00001246 WBTC | 0.00001259 WBTC | 0.00001439 WBTC | 0.000008647 WBTC |
5 SCUSD | 0.00006232 WBTC | 0.00006296 WBTC | 0.00007195 WBTC | 0.00004324 WBTC |
10 SCUSD | 0.0001246 WBTC | 0.0001259 WBTC | 0.0001439 WBTC | 0.00008647 WBTC |
50 SCUSD | 0.0006232 WBTC | 0.0006296 WBTC | 0.0007195 WBTC | 0.0004324 WBTC |
100 SCUSD | 0.001246 WBTC | 0.001259 WBTC | 0.001439 WBTC | 0.0008647 WBTC |
500 SCUSD | 0.006232 WBTC | 0.006296 WBTC | 0.007195 WBTC | 0.004324 WBTC |
1,000 SCUSD | 0.01246 WBTC | 0.01259 WBTC | 0.01439 WBTC | 0.008647 WBTC |
Frequently asked questions
Right now, 1 Rings scUSD is worth about $1.00.
Based on the current rate, you could get 0.9971 SCUSD for 1 USD.
Rings scUSD price has been declining. Since yesterday, the exchange rate of Rings scUSD has decreased. Since last month, the exchange rate of Rings scUSD has increased. Since this time last year, the price of Rings scUSD has increased.
You can use our SCUSD to USD calculator at the top of this page to convert any amount of SCUSD to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 4.99 SCUSD. Inversely, 5 SCUSD will cost about $5.01
Rings scUSD can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Rings scUSD.
There are a number of crypto assets that have the a similar or comparable market cap to Rings scUSD, including The Duke of Arc, 永生果蝇 (Immortal Fruit Fly), and Long. For a more robust list of assets to explore, jump to the asset page dedicated to Rings scUSD.
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