Canonical Token Wrapping
Unlock the power of Wrapped Tokens designed and built for Institutions
Enhance your network with WrapX’s secure framework for wrapping and unwrapping.
Enhance your network with WrapX’s secure framework for wrapping and unwrapping.
All on-chain transactions, including our custodial wallet, are publicly available. Explore our smart contracts here.
Our security-first infrastructure, and advanced platform ensure top-level protection, scalability, and interoperability.
The underlying collateral supporting our tokens is legally and technologically segregated, providing full protection.
Enable faster transactions at lower fees and seamless asset transfers across networks, without the need for conversion.
Our wallet receives and stores the collateral assets - 1 stablecoin for 1 minted wrapped stablecoin.
Minting is the creation of new wrapped stablecoins. A merchant first transfers stablecoins to wrapX, and wrapX will maintain an equal amount of wrapped stablecoins on your blockchain.
Burning refers to the process of redeeming collateral for wrapped stablecoins. A merchant initiates a burn transaction, wrapX then releases the corresponding collateral once the burning of the wrapped stablecoins is confirmed.
