> For the complete documentation index, see [llms.txt](https://docs.uprotocol.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.uprotocol.finance/usdubtc/usdubtc-utility.md).

# $uBTC Utility

* Store of Value: $uBTC allows for decentralized and immutable holding of BTC, acting as a reliable store of value.
* Long Exposure to ETH/BTC Pair: $uBTC provides a means for decentralized long exposure in the ETH/BTC trading pair, allowing users to potentially profit from market fluctuations.
* Decentralized Omnichain DeFi Use Cases: $uBTC opens up a world of decentralized omnichain BTC DeFi use cases, such as providing liquidity and participating in yield farming opportunities.
* Payment and Settlement: $uBTC can be used as a medium of exchange in transactions across various platforms.&#x20;
* Collateral: $uBTC can be used as a collateral for minting stablecoins in various DeFi platforms.

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