Kryptopriser -Threshold USD
thusd
Threshold USD
NOK 9.93
24t: -0.08%7d: 0.06%30d: -0.00%1y: 1.46%
NOK 9.93
tBTC is a decentralized stablecoin project aiming to provide a Bitcoin-backed, over-collateralized stablecoin pegged to the US Dollar. It operates on the Ethereum blockchain, leveraging smart contracts to manage its collateral and minting process.
The tBTC stablecoin is designed to be over-collateralized, meaning that the value of the underlying collateral (tBTC, a wrapped Bitcoin token) exceeds the value of the stablecoins issued. This mechanism intends to provide a buffer against price fluctuations of the collateral asset.
tBTC seeks to offer a stable and liquid asset within the decentralized finance (DeFi) ecosystem. It can be used for various purposes, including trading, lending, and as a store of value, while maintaining exposure to Bitcoin's value in a stablecoin format.