Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Bitcoin Layer 2 network Stacks partners with Bifrost to integrate multiple features for sBTC and BtcUSD

Bitcoin Layer 2 network Stacks partners with Bifrost to integrate multiple features for sBTC and BtcUSD

CointimeCointime2024/03/14 15:49
By:Cointime

On March 14th, Bitcoin Layer2 network Stacks announced that it has partnered with the entire chain Liquid Staking Appchain Bifrost to integrate multiple functions for sBTC and BtcUSD. BTCFi will provide Bitcoin holders with the opportunity to minimize risk and earn money, and will provide support for sBTC assets after their release. sBTC will serve as collateral similar to WBTC and BTCB, and Bifrost will introduce its Bitcoin-backed stablecoin BtcUSD into Stacks. In addition, the popular cross-chain wallet Pockie, regulated by the Bifrost Foundation, will also provide support for sBTC after its launch.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like