TBTC – TBTC
TBTC, also known as tBTC, is an open-source project that allows users to securely deposit their Bitcoin into a smart contract on the Ethereum blockchain and mint an equivalent amount of tBTC tokens. These tBTC tokens can then be used like any other ERC-20 token on the Ethereum network, enabling users to participate in DeFi (decentralized finance) applications, earn interest on their Bitcoin holdings, and access various Ethereum-based services.