WBTC/USDT: Convert and Swap Wrapped Bitcoin (WBTC) to Tether (USDT)
1 Wrapped Bitcoin equals 70,191.60 Tether
Last update: 10:39 PM, May 21, 2024
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The current WBTC to USDT conversion rate is 70,191.6. Inversely, this means that if you convert 1 USDT you will get 0 WBTC.
The conversion rate of WBTC/USDT has increased by 0.57% in the last hour and grown by 0.4% in the last 24 hours.
Overview
About Wrapped Bitcoin (WBTC)
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.
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About Tether (USDT)
Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether’s issuer claims that USDT is backed by bank reserves and loans which match or exceed the value of USDT in circulation. Important note: at this time, Coinbase only supports USDT on the Ethereum blockchain (ERC-20). Do not send USDT on any other blockchain to Coinbase.
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Market
Wrapped Bitcoin (WBTC)
Market cap
CA$14.84B
Volume (24h)
CA$1.03B
Price
70.19K USDT
High (24H)
73.47K USDT
Low (24H)
69.01K USDT
Tether (USDT)
Market cap
CA$151.88B
Volume (24h)
CA$148.26B
Price
0.000014 WBTC
High (24H)
0.000014 WBTC
Low (24H)
0.000014 WBTC
Conversion tables
WBTC to USDT
Amount (WBTC) | Amount (USDT) |
|---|---|
0.5 WBTC | 35,095.80 USDT |
1 WBTC | 70,191.60 USDT |
5 WBTC | 350,958.01 USDT |
10 WBTC | 701,916.02 USDT |
50 WBTC | 3,509,580.08 USDT |
100 WBTC | 7,019,160.15 USDT |
500 WBTC | 35,095,800.76 USDT |
1,000 WBTC | 70,191,601.52 USDT |
USDT to WBTC
Amount (USDT) | Amount (WBTC) |
|---|---|
0.5 USDT | 0.00000712 WBTC |
1 USDT | 0.000014 WBTC |
5 USDT | 0.000071 WBTC |
10 USDT | 0.000142 WBTC |
50 USDT | 0.000712 WBTC |
100 USDT | 0.0014 WBTC |
500 USDT | 0.0071 WBTC |
1,000 USDT | 0.0142 WBTC |
Last update: May 21, 2024 at 10:39 PM |
WBTC to USDT history
24 hours ago | Change (24h) | 1 week ago | Change (1W) | 1 month ago | Change (1M) | 1 year ago | Change (1Y) |
|---|---|---|---|---|---|---|---|
69,724.59 USDT | +0.67% | 61,692.52 USDT | +12.11% | 65,014.29 USDT | +7.38% | 26,791.61 USDT | +61.83% |
Last update: May 21, 2024 at 10:39 PM |
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