Crypto What Are Wrapped Tokens & What Are They Used For?

MuzzMelbourne

Level 5
Thread author
Mar 13, 2022
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Wrapped tokens make it possible for digital assets, such as bitcoin, to be used on blockchains other than the network they natively operate on to address the issue of blockchain interoperability.

In this guide, you will learn what wrapped tokens are, how they work, and where they are primarily being used for.