What is pay btc

What is pay btc, what is paybtc? PayBTC is a digital asset issued based on bloc

What is pay btc

What is pay btc, what is paybtc? PayBTC is a digital asset issued based on blockchain technology. It operates on and off the chain and incentivizes users to provide value to the network with tokens. According to the introduction, the pay architecture can be divided into two layers: one is the native currency (ERC-20) on the Ethereum public chain, and the other is a stablecoin (USDT) supported by Bitcoin, with a centralized exchange to fulfill this role. The third layer is a decentralized smart contract, which works similar to traditional electronic cash systems. Through this method, anyone can transfer funds into it anytime and anywhere without being affected by intermediaries and complete transactions without the involvement of third parties.

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