Will Bitcoin be cloned to EOS soon? What are wrapped tokens?

These days people are talking about the concept of wrapped tokens. These are tokens on a given platform that represent a different token/coin. So, for example, a bit-point token on the EOS blockchain or the Stablecoin tether. EOS is currently trying to create a wrapped BTC token. The concept already works quite well on Ethereum with its WBTC.

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