WBTC/USDC: Convert and Swap Wrapped Bitcoin (WBTC) to USDC (USDC)
1 Wrapped Bitcoin equals 70,237.29 USDC
Last update: 2:35 AM, May 22, 2024
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The current WBTC to USDC conversion rate is 70,237.29. Inversely, this means that if you convert 1 USDC you will get 0 WBTC.
The conversion rate of WBTC/USDC has increased by 0.03% in the last hour and shrunk by 1.21% 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.
Resources
About USDC (USDC)
USDC is a stablecoin redeemable on a 1:1 basis for US dollars, backed by dollar denominated assets held in segregated accounts with US regulated financial institutions. The launch of USDC was powered by a collaboration between Coinbase and Circle through the co-founding of the CENTRE Consortium. Coinbase customers with US dollar accounts may exchange 1 USDC for US$1.00 (and vice versa) on Coinbase in jurisdictions where USDC support is available. The graph above reflects USDC’s current and historical redemption value of US$1.00, which may not match the price of USDC on other exchanges. Note: Coinbase only supports USDC running on Ethereum (ERC-20).
Resources
Market
Wrapped Bitcoin (WBTC)
Market cap
S$14.71B
Volume (24h)
S$836.06M
Price
70.24K USDC
High (24H)
71.51K USDC
Low (24H)
68.99K USDC
USDC (USDC)
Market cap
S$44.56B
Volume (24h)
S$13.52B
Price
0.000014 WBTC
High (24H)
0.000014 WBTC
Low (24H)
0.000014 WBTC
Conversion tables
WBTC to USDC
Amount (WBTC) | Amount (USDC) |
|---|---|
0.5 WBTC | 35,118.64 USDC |
1 WBTC | 70,237.29 USDC |
5 WBTC | 351,186.43 USDC |
10 WBTC | 702,372.85 USDC |
50 WBTC | 3,511,864.25 USDC |
100 WBTC | 7,023,728.50 USDC |
500 WBTC | 35,118,642.50 USDC |
1,000 WBTC | 70,237,285.00 USDC |
USDC to WBTC
Amount (USDC) | Amount (WBTC) |
|---|---|
0.5 USDC | 0.00000712 WBTC |
1 USDC | 0.000014 WBTC |
5 USDC | 0.000071 WBTC |
10 USDC | 0.000142 WBTC |
50 USDC | 0.000712 WBTC |
100 USDC | 0.0014 WBTC |
500 USDC | 0.0071 WBTC |
1,000 USDC | 0.0142 WBTC |
Last update: May 22, 2024 at 2:35 AM |
WBTC to USDC history
24 hours ago | Change (24h) | 1 week ago | Change (1W) | 1 month ago | Change (1M) | 1 year ago | Change (1Y) |
|---|---|---|---|---|---|---|---|
71,217.69 USDC | -1.40% | 61,702.38 USDC | +12.15% | 65,877.20 USDC | +6.21% | 26,866.20 USDC | +61.75% |
Last update: May 22, 2024 at 2:35 AM |
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