List of Flash News about ckBTC
Time | Details |
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2025-05-21 19:41 |
Internet Computer (ICP) Empowers Traders with Wrapped On-Chain Bitcoin, Ethereum, and Stablecoins: Real-Time 1:1 Crypto Asset Integration
According to Santiment, Internet Computer (ICP) now supports wrapped, on-chain versions of major cryptocurrencies including Bitcoin (ckBTC), Ethereum (ckETH), Tether (ckUSDT), and USD Coin (ckUSDC). These 'ck' tokens maintain a 1:1 peg with their underlying assets, providing verified backing and enhanced security for on-chain transactions (source: Santiment Twitter, May 21, 2025). This integration allows traders to move blue-chip crypto assets and stablecoins seamlessly within the ICP ecosystem without leaving its blockchain, enhancing liquidity, reducing bridge risk, and expanding DeFi trading opportunities. The development directly impacts crypto market participants by enabling cross-chain asset management, unlocking new arbitrage and yield strategies, and promoting greater capital efficiency across decentralized finance platforms. |