Crypto Blog
today announced the availability of a new feature on its TeleSwap protocol, enabling users to seamlessly swap Wrapped Bitcoin for native Bitcoin in a fully decentralized manner. This service addresses the increasing demand for decentralized solutions amid ongoing discussions around the centralized nature of WBTC.
The new WBTC to BTC swap feature on TeleSwap is supported across six blockchain networks, including Ethereum, Polygon, Arbitrum, Optimism, BSquared, and BOB. This multi-network capability provides users with the flexibility to conduct swaps on their preferred blockchain, while still benefiting from the security and trustlessness that TeleportDAO’s light-client bridge technology offers.
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