Huobi BTC, or HBTC for short, is basically a digital token that acts like a stand-in for Bitcoin (BTC). Launched by a company called Huobi, it lives on the Ethereum network (like a fancy apartment building for crypto) and each HBTC token is always worth exactly the same amount as one Bitcoin. This can be useful because HBTC allows for faster transactions and works with other applications on the Ethereum network, while still being tied to the value of Bitcoin.
