Coinbase Wrapped BTC is a Bitcoin-backed token issued by Coinbase for use on other networks.
Coinbase Wrapped BTC represents bitcoin one-to-one on blockchain networks other than Bitcoin, allowing holders to use bitcoin in on-chain applications. The asset is issued by Coinbase, which holds the underlying bitcoin, and redemption returns the bitcoin to the holder.
The token is used for trading, collateral, and lending across decentralised-finance venues that support it. Its availability depends on the networks where it is issued and on the issuer continuing to support minting and redemption.
| Attribute | Coinbase Wrapped BTC | Kraken Wrapped Bitcoin | sBTC | Wrapped Bitcoin | |
|---|---|---|---|---|---|
| Provider | |  |  |  | |
| Founded | 2012 | 2011 | 2013 | 2013 | |
| Sells To | Consumers, Enterprise | — | Developers | Financial Institutions | |
| Pricing Model | Transactional | — | — | Transaction Fees | |
| Ownership | Public | Private equity-backed | Nonprofit | Public |
Provider
Founded 2012
Sells To Consumers, Enterprise
Pricing Model Transactional
Ownership Public
Provider
Founded 2011
Sells To —
Pricing Model —
Ownership Private equity-backed
Provider
Founded 2013
Sells To Developers
Pricing Model —
Ownership Nonprofit
Provider
Founded 2013
Sells To Financial Institutions
Pricing Model Transaction Fees
Ownership Public
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Self-custody Bitcoin and cryptocurrency wallet application for iOS and Android with in-app buying, selling, swapping, and earning.
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Braavos Wallet is a self-custody smart contract wallet for Starknet and Bitcoin users.
BinanceSelf-custodial MPC wallet for DeFi, dApps, NFTs, and cross-chain swaps with Binance ecosystem integration.
tBTC is a Bitcoin-backed asset issued by the Threshold Network for use in decentralised finance.
USDT is a US-dollar-pegged stablecoin issued by Tether on multiple blockchains.
Bitcoin Staking lets holders earn a Bitcoin-denominated yield while keeping custody of their own keys.
USDC is a regulated, fully reserved stablecoin issued by Circle for global payments and 24/7 settlement.
Self-custody Bitcoin and cryptocurrency wallet application for iOS and Android with in-app buying, selling, swapping, and earning.
BitGo Wallet Services: institutional wallet infrastructure with hot, cold and self-custody options.
Braavos Wallet is a self-custody smart contract wallet for Starknet and Bitcoin users.
Self-custodial MPC wallet for DeFi, dApps, NFTs, and cross-chain swaps with Binance ecosystem integration.
Binance
