{
Stacks USD

Companies

}
Bitcoin expands utility with launch of sBTC for decentralized finance applications
Stacks has launched sBTC on its mainnet, enabling Bitcoin-backed smart contracts for decentralized finance applications. Users can deposit Bitcoin for sBTC at a 1:1 ratio, earning approximately 5% annual rewards in sBTC, with withdrawals expected in Q1 2025. This development enhances Bitcoin's utility, allowing integration into lending platforms and decentralized exchanges while maintaining its security model.
@hackernoon
Stacks USD Muneeb Ali
Crypto, Blog Post
01:00 17.12.2024
emerging cryptocurrencies with explosive growth potential in the blockchain landscape
Investors are increasingly drawn to innovative cryptocurrencies like Qubetics, Solana, and Stacks, each offering unique advantages. Qubetics stands out with its Decentralized VPN and Web3 aggregator model, raising over $6.4 million in presales. Meanwhile, Solana impresses with its speed and scalability, while Stacks enhances Bitcoin's security with smart contracts, expanding its use cases beyond a mere store of value.
The Merkle News
Solana USD Stacks USD
Crypto, Press Release
05:00 16.12.2024
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