Circle'S Wrapped $BTC Swaps "One Centralized Middleman For Another"

This week @Circle announced its was launching its own version of wrapped Bitcoin - a competing product to @Coinbase's existing product.
Speaking to DLNews, the managing director of Rootstock Labs explained that the product simply...
"trades one centralized middleman for another"
Richard Green explained that what many institutions really want is decentralisation among such products.
Author
BSCN's dedicated writing team brings over 41 years of combined experience in cryptocurrency research and analysis. Our writers hold diverse academic qualifications spanning Physics, Mathematics, and Philosophy from leading institutions including Oxford and Cambridge. While united by their passion for cryptocurrency and blockchain technology, the team's professional backgrounds are equally diverse, including former venture capital investors, startup founders, and active traders.


