Grey release: Stacks trust helps bring DApps into the Bitcoin ecosystem, increasing institutional interest

Grey release yesterday announced the creation of Stacks and Near Trusts, the first new virtual currency trust created by Grey release since 2024. Grey release said Stacks helps bring smart contracts and decentralized applications (dApps) into the Bitcoin ecosystem, which will increase institutional interest.
Stacks is a Bitcoin layer2 project founded in 2017. The original version was fully pegged to the Bitcoin UTXO mechanism, and the transaction speed was completely synchronized with Bitcoin, resulting in poor experience. The latest Nakamoto upgrade is planned to be fully launched in August, which will bring a transaction speed of about 10 seconds, greatly enhancing the interactive experience of the Stacks ecosystem.