tBTC (TBTC)

tBTC or trustlessBTC is an ERC-20 peg of Bitcoin that is trustlessly backed by redeemable Bitcoin. To mint tBTC, users deposit Bitcoin in the tBTC minter interface which then issues tBTC to users on a 1:1 basis. With tBTC, users have the ability to trade on Ethereum based exchanges that have tBTC base pairs.