Wrapped cryptocurrencies are tokens that are used as cryptocurrencies on blockchains other than the original blockchain they were built on. The value of wrapped crypto is the same as its original cryptocurrency (1:1). This allows cryptocurrencies like Bitcoin BTC $16,866 , Ether ETH $1,224 or XRP to be used on chains other than their native blockchains, thereby increasing their utility. The purpose of wrapped cryptocurrencies is to help solve the problem of decentralized finance (DeFi) cross-...