Convert Rings scUSD SCUSD to Wrapped Bitcoin WBTC
SCUSD to WBTC: 1 Rings scUSD converts to 0.00001568 WBTC
About SCUSD and WBTC
Rings scUSD is falling, while Wrapped Bitcoin is climbing this week. The current SCUSD to WBTC conversion rate is 0.00001568. Inversely, this means that if you convert 1 WBTC you will get 63,765.57 SCUSD. The conversion rate of SCUSD/WBTC has decreased by 0.41% in the last hour (WBTC/SCUSD increased by 0.41%). In the last 24 hours, SCUSD/WBTC shrunk by 1.14%, while WBTC/SCUSD grew by the same amount.
The exchange rate of Rings scUSD is decreasing. The current value of 1 SCUSD is 0.00001568 WBTC. In other words, to buy 5 Rings scUSD, it would cost you 0.00007841 WBTC. Inversely, 1 WBTC would allow you to trade for 63,765.57 SCUSD while 50 WBTC would convert to 3,188,278.62 SCUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.14%. Meanwhile, in the last 24 hours, the rate has changed by 1.05%, which means that the highest exchange rate of 1 SCUSD to WBTC was 0.00001604 WBTC and the lowest 24 hour value was 1 SCUSD for 0.00001565 WBTC. Last month, 1 SCUSD was worth 0.00001582 WBTC. Today, it's down 0.88%. Looking back a year, Rings scUSD has changed by 0.000008594 WBTC. That means that in a single year, the value of Rings scUSD has grown by 45.2%.
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 2:33 pm
0.5 SCUSD = 0.000007841 WBTC |
1 SCUSD = 0.00001568 WBTC |
5 SCUSD = 0.00007841 WBTC |
10 SCUSD = 0.0001568 WBTC |
50 SCUSD = 0.0007841 WBTC |
100 SCUSD = 0.001568 WBTC |
500 SCUSD = 0.007841 WBTC |
1,000 SCUSD = 0.01568 WBTC |
WBTC to SCUSD values from Today at 2:32 pm
0.5 WBTC = 31,882.79 SCUSD |
1 WBTC = 63,765.57 SCUSD |
5 WBTC = 318,827.86 SCUSD |
10 WBTC = 637,655.72 SCUSD |
50 WBTC = 3,188,278.62 SCUSD |
100 WBTC = 6,376,557.24 SCUSD |
500 WBTC = 31,882,786.18 SCUSD |
1,000 WBTC = 63,765,572.35 SCUSD |
SCUSD to WBTC over time
SCUSD | Today | 24H -1.05% | 1M -0.88% | 1Y 45.20% |
|---|---|---|---|---|
0.5 SCUSD | 0.000007841 WBTC | 0.000007923 WBTC | 0.00000791 WBTC | 0.000004297 WBTC |
1 SCUSD | 0.00001568 WBTC | 0.00001585 WBTC | 0.00001582 WBTC | 0.000008594 WBTC |
5 SCUSD | 0.00007841 WBTC | 0.00007923 WBTC | 0.0000791 WBTC | 0.00004297 WBTC |
10 SCUSD | 0.0001568 WBTC | 0.0001585 WBTC | 0.0001582 WBTC | 0.00008594 WBTC |
50 SCUSD | 0.0007841 WBTC | 0.0007923 WBTC | 0.000791 WBTC | 0.0004297 WBTC |
100 SCUSD | 0.001568 WBTC | 0.001585 WBTC | 0.001582 WBTC | 0.0008594 WBTC |
500 SCUSD | 0.007841 WBTC | 0.007923 WBTC | 0.00791 WBTC | 0.004297 WBTC |
1,000 SCUSD | 0.01568 WBTC | 0.01585 WBTC | 0.01582 WBTC | 0.008594 WBTC |
Frequently asked questions
Right now, 1 Rings scUSD is worth about CA$1.38.
Based on the current rate, you could get 0.7244 SCUSD for 1 CAD.
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 decreased. Since this time last year, the price of Rings scUSD has decreased.
You can use our SCUSD to CAD calculator at the top of this page to convert any amount of SCUSD to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 3.62 SCUSD. Inversely, 5 SCUSD will cost about CA$6.90
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 EvidenZ, Fantom, and FOAM. For a more robust list of assets to explore, jump to the asset page dedicated to Rings scUSD.
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