Wrapped Tokens — Explained
Cryptocurrency and Blockchains are revolutionizing the Finance and Technology industries. But one of the pressing concerns it faces is its Interoperability. You can’t just send a token from one Blockchain to another since it doesn’t exist on that network. Wrapped tokens are a way to circumvent this limitation and allow non-native assets to be used on the Blockchain. It improves interoperability by allowing the underlying tokens to flow cross-chain.
Read full blog on the website: https://coinscapture.com/blog/wrapped-tokens-explained
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