Welcome to the innovative realm of wpUSDT, where digital asset privacy meets efficiency. This docs introduces wpUSDT, a cryptocurrency that mirrors USDT's value through a "wrapping" process.

wpUSDT is an innovative Layer 1 (L1) Proof of Work (PoW) blockchain platform designed to enhance privacy for USDT transactions while ensuring compliance with regulatory standards. By depositing USDT on the Ethereum blockchain, users receive an equivalent amount of wpUSDT on the wpUSDT Blockchain, allowing for secure and private transactions. Targeting a significant segment of the market that transfers billions through mixers for legitimate purposes, wpUSDT offers a unique solution that combines public privacy with internal visibility. This approach not only caters to the needs of users seeking privacy in their transactions but also aligns with regulatory requirements, making wpUSDT a pioneering platform in the realm of privacy-focused financial transactions.

Understanding Wrapped Tokens

Wrapped tokens are cryptocurrencies pegged to the value of another asset, enabling them to operate on a blockchain different from the asset they represent. wpUSDT is such a token, maintaining a direct peg to USDT, thereby not an independent stablecoin but a wrapped version ensuring stability and efficiency.

The wpUSDT Blockchain

The wpUSDT blockchain is a specialised network crafted to support the wrapping and unwrapping of USDT in connection with the ethereum network. It stands as the backbone of the wpUSDT ecosystem, where wpUSDT coins are used for data fees, eliminating the need for an additional gas token.

Privacy Features

Leveraging RandomX esteemed privacy protocols, wpUSDT ensures that while the wrap and unwrap processes remain transparent, the transactions within the wpUSDT blockchain are conducted with privacy for the public!

Benefits of wpUSDT

  • No Extra Gas Fees: wpUSDT tokens themselves cover data fees, simplifying the fee structure.

  • Enhanced Privacy: Transactions on the wpUSDT blockchain are private, thanks to RandomX privacy technology.

  • Stable Value: wpUSDT's value is directly tied to USDT, providing market stability.

  • Seamless Ethereum Integration: wpUSDT is designed for effortless interaction with the Ethereum ecosystem.

Last updated