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yielderr Avatar YieldrR @yielderr on x XXX followers Created: 2025-07-28 12:57:16 UTC

2/ First, what is FBTC?

FBTC is an omnichain Bitcoin asset developed by the project that started as Ignition and has since rebranded to Function.

It’s designed as a 1:1 pegged representation of Bitcoin, meaning every FBTC token is backed by an equivalent amount of actual BTC.

This makes it a bridge for bringing Bitcoin’s value into various blockchain ecosystems beyond just holding it as a store of value.

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Related Topics blockchain token the project bitcoin coins layer 1 coins bitcoin ecosystem coins pow

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