A custodian btc held by bitgo

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I see. Thanks.

wbtc seems closer to Liquid than it is to lightning.

So better compare it with Liquid. And assess from there.

oh not really. it is in fact comparable to custodian btc, such as WOS

liquid is fiduciary btc

It’s on Ethereum isn’t it?

frankly it is not on ethereum. it is on ethereum, polygon, bnb chain, avax, osmosis.

like usdt, it sits on many other chain