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OPINION34d ago

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

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.

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