Bitcoin Layer 2 network Stacks partners with Bifrost to integrate multiple features for sBTC and BtcUSD
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.
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.
You may also like
OPNUSDT now launched for pre-market futures trading
Join the BGB holders group—unlock Spring Festival Mystery Boxes to win up to 8888 USDT and merch from Morph
Trading Club Championship (Margin)—Trade to share 58,000 USDT, with up to 3000 USDT per user!
CandyBomb x XAUT: Trade futures to share 5 XAUT!
