Convert Wrapped Bitcoin WBTC to Wrapped USDR WUSDR
WBTC to WUSDR: 1 Wrapped Bitcoin converts to 165,050.84 WUSDR
About WBTC and WUSDR
Wrapped Bitcoin is climbing, while Wrapped USDR is falling this week. The current WBTC to WUSDR conversion rate is 165,050.84. Inversely, this means that if you convert 1 WUSDR you will get 0.000006059 WBTC. The conversion rate of WBTC/WUSDR has increased by 0.1% in the last hour (WUSDR/WBTC decreased by 0.1%). In the last 24 hours, WBTC/WUSDR grew by 1.64%, while WUSDR/WBTC shrunk by 1.61%.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 165,050.84 WUSDR. In other words, to buy 5 Wrapped Bitcoin, it would cost you 825,254.22 WUSDR. Inversely, 1 WUSDR would allow you to trade for 0.000006059 WBTC while 50 WUSDR would convert to 0.0003029 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.45%. Meanwhile, in the last 24 hours, the rate has changed by 5.45%, and that the highest exchange rate of 1 WBTC to WUSDR was 159,683.81 WUSDR and the lowest 24 hour value was 1 WBTC for 156,452.86 WUSDR. Last month, 1 WBTC was worth 188,070.50 WUSDR. Today, it's down 12.24%. Looking back a year, Wrapped Bitcoin has changed by 798,645.11 WUSDR. That means that in a single year, the value of Wrapped Bitcoin has shrank by 79.33%.
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.
Wrapped USDR Market Stats
wUSDR is a wrapped version of USDR. USDR is the world’s first stablecoin collateralized by tokenized, yield-producing real estate. USDR has its own value accrual system built into its design, differentiating it from other currencies. Using a consistent stream of dependable yield derived from rental revenue, USDR will deliver a native real yield to stakers through a daily rebase, projected to range between 10 - 20% APY. As an asset class, real estate is inflation-proof and wealth generating, making it an ideal backing for a stablecoin. While the dollar has lost over 80% of its purchasing power over the past 50 years, the price of single-family home has gone up by 14x in countries like the United States. So a real estate backed stablecoin not only works as a hedge against the volatility of crypto markets, it also protects holders from the impacts of ongoing currency debasement. USDR is minted using DAI and can always be redeemed 1:1 for DAI. Treasury DAI is used to purchase and tokenize income-generating real estate, which is added to the treasury and serves as the primary source of protocol yield. As the value of the tokenized real estate appreciates over time, USDR becomes overcollateralized. Tokenized real world assets are the path to meaningfully grow the market cap of crypto and DeFi, reaching the next billion users in the process. Bringing RWAs on-chain allows for transparent, trust-minimized and efficient access to categories like the ~$330T global real estate market. Without the need for a mortgage or a downpayment, it’s now possible for anyone with a phone to access many of the benefits of real estate though USDR.
Conversion tables
WBTC to WUSDR values from Today at 9:13 pm
0.5 WBTC = 82,525.42 WUSDR |
1 WBTC = 165,050.84 WUSDR |
5 WBTC = 825,254.22 WUSDR |
10 WBTC = 1,650,508.45 WUSDR |
50 WBTC = 8,252,542.23 WUSDR |
100 WBTC = 16,505,084.47 WUSDR |
500 WBTC = 82,525,422.35 WUSDR |
1,000 WBTC = 165,050,844.70 WUSDR |
WUSDR to WBTC values from Today at 9:13 pm
0.5 WUSDR = 0.000003029 WBTC |
1 WUSDR = 0.000006059 WBTC |
5 WUSDR = 0.00003029 WBTC |
10 WUSDR = 0.00006059 WBTC |
50 WUSDR = 0.0003029 WBTC |
100 WUSDR = 0.0006059 WBTC |
500 WUSDR = 0.003029 WBTC |
1,000 WUSDR = 0.006059 WBTC |
WBTC to WUSDR over time
WBTC | Today | 24H 5.17% | 1M -13.95% | 1Y -383.88% |
|---|---|---|---|---|
0.5 WBTC | 82,525.42 WUSDR | 78,257.94 WUSDR | 94,035.25 WUSDR | 399,322.56 WUSDR |
1 WBTC | 165,050.84 WUSDR | 156,515.89 WUSDR | 188,070.50 WUSDR | 798,645.11 WUSDR |
5 WBTC | 825,254.22 WUSDR | 782,579.45 WUSDR | 940,352.52 WUSDR | 3,993,225.56 WUSDR |
10 WBTC | 1,650,508.45 WUSDR | 1,565,158.90 WUSDR | 1,880,705.03 WUSDR | 7,986,451.12 WUSDR |
50 WBTC | 8,252,542.23 WUSDR | 7,825,794.49 WUSDR | 9,403,525.16 WUSDR | 39,932,255.59 WUSDR |
100 WBTC | 16,505,084.47 WUSDR | 15,651,588.98 WUSDR | 18,807,050.31 WUSDR | 79,864,511.18 WUSDR |
500 WBTC | 82,525,422.35 WUSDR | 78,257,944.89 WUSDR | 94,035,251.56 WUSDR | 399,322,555.91 WUSDR |
1,000 WBTC | 165,050,844.70 WUSDR | 156,515,889.79 WUSDR | 188,070,503.12 WUSDR | 798,645,111.82 WUSDR |
Frequently asked questions
Related conversions
Learn how to buy popular cryptocurrencies
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.