Wrapped Ethereum Classic (Universal) Price (uetc/CAD)
Wrapped Ethereum Classic (Universal) market data
What Is Wrapped Ethereum Classic (Universal) (UETC)?
uETC is a wrapped implementation of ETC designed to enable trading and DeFi integrations across multiple blockchains.
Ethereum Classic (ETC) is a decentralized, open-source blockchain network that came into existence in July 2016 after the Ethereum network experienced a hard fork, a change to the blockchain's protocol or basic set of rules, creating two separate blockchains: Ethereum (ETH) and Ethereum Classic (ETC).
Universal is a cross-chain asset protocol that enables users to trade and utilize wrapped assets (uAssets) across multiple blockchains. uAssets are 1:1 backed representations of native cryptocurrencies, such as XRP, DOGE, and SUI, held in secure custody. This allows users to access and transact with assets that are not natively available on their preferred chains, without relying on bridges or centralized exchanges. Universal provides seamless trading, liquidity provision, and lending opportunities for uAssets, ensuring deep liquidity and security through institutional-grade custody and real-time proof of reserves.