Convert Rings scUSD SCUSD to Wrapped Bitcoin WBTC
SCUSD to WBTC: 1 Rings scUSD converts to 0.00001608 WBTC
About SCUSD and WBTC
Rings scUSD is climbing, while Wrapped Bitcoin is falling this week. The current SCUSD to WBTC conversion rate is 0.00001608. Inversely, this means that if you convert 1 WBTC you will get 62,175.92 SCUSD. The conversion rate of SCUSD/WBTC has increased by 0.12% in the last hour (WBTC/SCUSD decreased by 0.12%). In the last 24 hours, SCUSD/WBTC grew by 3.05%, while WBTC/SCUSD shrunk by the same amount.
The exchange rate of Rings scUSD is increasing. The current value of 1 SCUSD is 0.00001608 WBTC. In other words, to buy 5 Rings scUSD, it would cost you 0.00008042 WBTC. Inversely, 1 WBTC would allow you to trade for 62,175.92 SCUSD while 50 WBTC would convert to 3,108,796.17 SCUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.33%. Meanwhile, in the last 24 hours, the rate has changed by 2.98%, which means that the highest exchange rate of 1 SCUSD to WBTC was 0.00001612 WBTC and the lowest 24 hour value was 1 SCUSD for 0.00001531 WBTC. Last month, 1 SCUSD was worth 0.0000134 WBTC. Today, it's up 16.68%. Looking back a year, Rings scUSD has changed by 0.000009433 WBTC. That means that in a single year, the value of Rings scUSD has grown by 41.35%.
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 11:02 am
0.5 SCUSD = 0.000008042 WBTC |
1 SCUSD = 0.00001608 WBTC |
5 SCUSD = 0.00008042 WBTC |
10 SCUSD = 0.0001608 WBTC |
50 SCUSD = 0.0008042 WBTC |
100 SCUSD = 0.001608 WBTC |
500 SCUSD = 0.008042 WBTC |
1,000 SCUSD = 0.01608 WBTC |
WBTC to SCUSD values from Today at 10:59 am
0.5 WBTC = 31,087.96 SCUSD |
1 WBTC = 62,175.92 SCUSD |
5 WBTC = 310,879.62 SCUSD |
10 WBTC = 621,759.23 SCUSD |
50 WBTC = 3,108,796.17 SCUSD |
100 WBTC = 6,217,592.33 SCUSD |
500 WBTC = 31,087,961.67 SCUSD |
1,000 WBTC = 62,175,923.34 SCUSD |
SCUSD to WBTC over time
SCUSD | Today | 24H 2.98% | 1M 16.68% | 1Y 41.35% |
|---|---|---|---|---|
0.5 SCUSD | 0.000008042 WBTC | 0.000007802 WBTC | 0.0000067 WBTC | 0.000004716 WBTC |
1 SCUSD | 0.00001608 WBTC | 0.0000156 WBTC | 0.0000134 WBTC | 0.000009433 WBTC |
5 SCUSD | 0.00008042 WBTC | 0.00007802 WBTC | 0.000067 WBTC | 0.00004716 WBTC |
10 SCUSD | 0.0001608 WBTC | 0.000156 WBTC | 0.000134 WBTC | 0.00009433 WBTC |
50 SCUSD | 0.0008042 WBTC | 0.0007802 WBTC | 0.00067 WBTC | 0.0004716 WBTC |
100 SCUSD | 0.001608 WBTC | 0.00156 WBTC | 0.00134 WBTC | 0.0009433 WBTC |
500 SCUSD | 0.008042 WBTC | 0.007802 WBTC | 0.0067 WBTC | 0.004716 WBTC |
1,000 SCUSD | 0.01608 WBTC | 0.0156 WBTC | 0.0134 WBTC | 0.009433 WBTC |
Frequently asked questions
Right now, 1 Rings scUSD is worth about $0.9999.
Based on the current rate, you could get 1.00 SCUSD for 1 USD.
Rings scUSD price has been on the rise. Since yesterday, the exchange rate of Rings scUSD has increased. 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 5.00 SCUSD. Inversely, 5 SCUSD will cost about $5.00
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 CEO, Valhalla, and BytomDAO. For a more robust list of assets to explore, jump to the asset page dedicated to Rings scUSD.
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