Sun,
in
response
to
some
of
the
concerns
raised
about
his
involvement
with
the
project,
had
told
CoinDesk
that
WBTC
has
a
“sterling
track
record
that
is
unmatched
by
any
competing
offers
recently
floated
by
the
skeptics.”
The
drama
around
wrapped
bitcoin
has
energized
competitors
offering
alternative
versions
of
the
token,
including
dlcBTC,
Threshold’s
tBTC
and
FBTC,
which
has
the
support
of
Mantle
Network.
And
on
Sept.
12,
Coinbase,
the
biggest
U.S.
crypto
exchange
and
a
custodian
in
its
own
right,
debuted
its
own
wrapped
bitcoin
competitor,
cbBTC.