rBTC is a secure and decentralized representation of Bitcoin specifically designed for the decentralized finance (DeFi) ecosystem. It serves as the native token of Rootstock, which acts as a DeFi layer for Bitcoin. Each rBTC token is pegged 1:1 to Bitcoin through the PowPeg, a decentralized bridge that operates in a non-custodial manner. This bridge is secured by Bitcoin’s Proof-of-Work through merge mining, distinguishing rBTC from other wrapped Bitcoin tokens that depend on centralized custodians. The utility of rBTC extends to both individual users and institutions, providing a reliable means to engage with DeFi applications on the Bitcoin network. It ensures trust-minimized interactions while maintaining transparency and auditability through its proof-of-reserves, all while leveraging the inherent security of Bitcoin. Since its inception in 2018, Rootstock has facilitated millions of transactions and collaborated with numerous ecosystem partners. This growth has helped to unlock Bitcoin's potential as a versatile and productive financial asset, allowing users to maximize their engagement with DeFi while maintaining confidence in the security of their assets.