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.
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