Bitcoin/strong>/a> on a 1:1 ratio. This means that every HBTC coin is backed by a genuine Bitcoin asset and the HBTC price will always be almost similar to the Bitcoin price at any time.<\/p>\r\n<p>The HBTC crypto token has not only served as a <strong>bridge between the centralized and decentralized finance markets<\/strong>, but it also has connected users to the <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-defi/">DeFi/strong>/a> world. It allows users to conveniently <strong>use decentralized protocols<\/strong> like Uniswap, Curve, Balancer, Nest, and ForTube. It is expected that as the project grows, more use cases will be added. If you would like to participate in this ecosystem, a good place to start your research would be the HBTC price chart above, where you will get information about the current and the previous Huobi BTC price, as well as its recent movements.<\/p>\r\n<h2>Who Founded HBTC?<\/h2>\r\n<p>This token was created by <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//top-crypto-exchanges//huobi-global/">Huobi Global Exchange<\/strong><\/a> in 2020 as part of its H-Tokens project. <strong>H-Tokens<\/strong> were established to tackle the lack of quality and mainstream crypto assets in the DeFi industry. 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