# oneBTC (oneBTC)

> oneBTC is a stablecoin for the Bitcoin community. You must buy wBTC to mint oneBTC. You can use oneBTC to buy or sell goods and services, pay expenses and taxes, or to create USD exposure in DeFi (decentralized finance) applications.

oneBTC provides the hard peg of USDC/USDT without sacrificing decentralization nor giving up on driving Bitcoin scarcity.

oneBTC keeps its value at $1, is purely on-chain, and accrues a Bitcoin treasury.

Typically, when you want to make a trade and get out of Bitcoin to ‘get stable’, you need to trade Bitcoin into a stablecoin. Now you’re in an either/or scenario. Whether USDT, USDC, DAI, these other stablecoins capture value for themselves and do not drive the value of your Bitcoin hodlings. Remember, you just sold it to get stable.

Enter ICHI. With ICHI, you mint oneBTC with wBTC.  In the process, you grow a Bitcoin treasury that YOU govern and control.

## Price Data

- **Current Price**: $0.99
- **Market Cap**: $423.62K
- **Fully Diluted Valuation**: $423.62K
- **Circulating Supply**: 427,012.952 oneBTC
- **Total Supply**: 427,012.952 oneBTC

## Price Changes

- **24h**: -0.01%
- **30d**: +0.09%
- **90d**: -0.00%
- **365d**: -0.07%

## Chain Availability

Available on: ethereum

## Resources

- [Website](https://www.ichi.org/)
- [Discord](https://discord.com/invite/Bm6pUHjHUC)
- [Coingecko](https://www.coingecko.com/en/coins/onebtc)

## Links

- [View on Zerion](https://app.zerion.io/tokens/oneBTC-0xc88f47067db2e25851317a2fdae73a22c0777c37)
- [Trade on Zerion](https://app.zerion.io/tokens/oneBTC-0xc88f47067db2e25851317a2fdae73a22c0777c37)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset
