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Gate Wrapped BTC(GTBTC) will be launched on Gate on August 21, supporting BTC staking Mining.
Gate News bot message, according to the Gate announcement on August 21, 2025:
Gate will launch Gate Wrapped BTC (GTBTC) spot trading, with an opening time of August 21, 2025, at 20:00 (UTC+8. The platform will open trading pairs GTBTC/USDT and GTBTC/BTC.
GTBTC is an on-chain BTC yield-bearing asset issued by Gate Web3, backed by the platform's BTC reserves and packaged as a standardized on-chain token. This token has been deployed on multiple public chains such as BSC, ETH, BASE, and Solana. Users can mint GTBTC by staking BTC, and the earnings during the holding period will be automatically accumulated in the form of net asset value growth.