Convert SoulPeg USD SPUSD to Wrapped Bitcoin WBTC
SPUSD to WBTC: 1 SoulPeg USD converts to 0.00001236 WBTC
About SPUSD and WBTC
SoulPeg USD is falling, while Wrapped Bitcoin is climbing this week. The current SPUSD to WBTC conversion rate is 0.00001236. Inversely, this means that if you convert 1 WBTC you will get 80,888.33 SPUSD. The conversion rate of SPUSD/WBTC has decreased by 0.83% in the last hour (WBTC/SPUSD increased by 0.83%). In the last 24 hours, SPUSD/WBTC shrunk by 2.76%, while WBTC/SPUSD grew by the same amount.
The exchange rate of SoulPeg USD is decreasing. The current value of 1 SPUSD is 0.00001236 WBTC. In other words, to buy 5 SoulPeg USD, it would cost you 0.00006181 WBTC. Inversely, 1 WBTC would allow you to trade for 80,888.33 SPUSD while 50 WBTC would convert to 4,044,416.54 SPUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 13%. Meanwhile, in the last 24 hours, the rate has changed by 3.67%, and that the highest exchange rate of 1 SPUSD to WBTC was 0.0000131 WBTC and the lowest 24 hour value was 1 SPUSD for 0.00001212 WBTC. Last month, 1 SPUSD was worth 0.00001546 WBTC. Today, it's down 25.02%. Looking back a year, SoulPeg USD has changed by 0.00000889 WBTC. That means that in a single year, the value of SoulPeg USD has grown by 28.09%.
SoulPeg USD Market Stats
SoulPeg USD (SPUSD) is a BEP-20 stablecoin wrapper for the non-transferable sUSDC deposit token. Users mint SPUSD by wrapping sUSDC and can always unwrap back to sUSDC; on redeem, SPUSD is burned. The $1 target is maintained on-chain by a simple market-making bot that trades the SPUSD/USDC v2 pool on PancakeSwap and by reserves deployed in transparent lending strategies (currently Venus). Contracts are verified on BscScan, liquidity is partially time-locked via PinkLock, and all docs/code are public.
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
SPUSD to WBTC values from Today at 2:55 pm
0.5 SPUSD = 0.000006181 WBTC |
1 SPUSD = 0.00001236 WBTC |
5 SPUSD = 0.00006181 WBTC |
10 SPUSD = 0.0001236 WBTC |
50 SPUSD = 0.0006181 WBTC |
100 SPUSD = 0.001236 WBTC |
500 SPUSD = 0.006181 WBTC |
1,000 SPUSD = 0.01236 WBTC |
WBTC to SPUSD values from Today at 2:54 pm
0.5 WBTC = 40,444.17 SPUSD |
1 WBTC = 80,888.33 SPUSD |
5 WBTC = 404,441.65 SPUSD |
10 WBTC = 808,883.31 SPUSD |
50 WBTC = 4,044,416.54 SPUSD |
100 WBTC = 8,088,833.08 SPUSD |
500 WBTC = 40,444,165.40 SPUSD |
1,000 WBTC = 80,888,330.79 SPUSD |
SPUSD to WBTC over time
SPUSD | Today | 24H -3.67% | 1M -25.02% | 1Y 28.09% |
|---|---|---|---|---|
0.5 SPUSD | 0.000006181 WBTC | 0.000006408 WBTC | 0.000007728 WBTC | 0.000004445 WBTC |
1 SPUSD | 0.00001236 WBTC | 0.00001282 WBTC | 0.00001546 WBTC | 0.00000889 WBTC |
5 SPUSD | 0.00006181 WBTC | 0.00006408 WBTC | 0.00007728 WBTC | 0.00004445 WBTC |
10 SPUSD | 0.0001236 WBTC | 0.0001282 WBTC | 0.0001546 WBTC | 0.0000889 WBTC |
50 SPUSD | 0.0006181 WBTC | 0.0006408 WBTC | 0.0007728 WBTC | 0.0004445 WBTC |
100 SPUSD | 0.001236 WBTC | 0.001282 WBTC | 0.001546 WBTC | 0.000889 WBTC |
500 SPUSD | 0.006181 WBTC | 0.006408 WBTC | 0.007728 WBTC | 0.004445 WBTC |
1,000 SPUSD | 0.01236 WBTC | 0.01282 WBTC | 0.01546 WBTC | 0.00889 WBTC |
Frequently asked questions
Right now, 1 SoulPeg USD is worth about $0.9892.
Based on the current rate, you could get 1.01 SPUSD for 1 USD.
SoulPeg USD price has been declining. Since yesterday, the exchange rate of SoulPeg USD has decreased. Since last month, the exchange rate of SoulPeg USD has increased. Since this time last year, the price of SoulPeg USD has decreased.
You can use our SPUSD to USD calculator at the top of this page to convert any amount of SPUSD to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.05 SPUSD. Inversely, 5 SPUSD will cost about $4.95
SoulPeg USD can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy SoulPeg USD.
There are a number of crypto assets that have the a similar or comparable market cap to SoulPeg USD, including DxChain Token, Essentia, and AVINOC. For a more robust list of assets to explore, jump to the asset page dedicated to SoulPeg USD.
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