USDh developer Hermetica, a stablecoin built on Bitcoin's Layer 2 Stacks, has completed a transaction that brings about $3 million in liquidity to the token. Hermetica and bitcoin lending agreement Zest plan to provide USDh proceeds through sBTC lending.
On January 22, Muneeb Ali, founder of the Bitcoin Layer2 network Stacks, said on social platform X that he congratulated Trump and David Sacks on their success in this historic victory, ushering in a new era for bitcoin and cryptocurrencies in the United States. Stacks started right here in New York. It was the first SEC-certified offering, and we have been reporting for five years like a US public company. As the leading Bitcoin L2 network, we not only support the Bitcoin blockchain economy...
According to Coindesk, Muneeb Ali, co-founder and CEO of Stacks, a second-layer project for Bitcoin, said in an interview that he would be surprised if the price of Bitcoin did not reach $150,000 by the end of the year, and expected the price of Bitcoin to reach $200,000. Ali believes that the four-year cycle theory is still valid, and the current cycle will end in the fourth quarter of 2025. In addition, he pointed out that a Trump presidency would be a major boon for the crypto industry, espec...
On January 10th, Muneeb Ali, co-founder of Stacks, said that the Stacks network has completed a 500% upgrade to increase internet bandwidth, and the tenure-extend function in the Nakamoto protocol is now available on the mainnet. The core development team plans to make several optimizations in 2025, but the early launch of this function is considered an important progress.
Ankr announced that it has joined the Stacks ecosystem as a Signer to support the launch of its Bitcoin Secure Infrastructure (BSI) service and sBTC tokens. Ankr said that the BSI service will provide developers with infrastructure solutions designed specifically for Bitcoin-related protocols, including high-performance RPC services, validator solutions, and modular tools tailored to the Bitcoin protocol.
The bitcoin scaling solution Stacks announced on X that sBTC will be launched next week. Users can deposit BTC into sBTC and earn BTC rewards through the sBTC rewards program.
Bitcoin scaling solution Stacks recently published that the Bitcoin DeFi ecosystem is booming on Stacks, and sBTC is about to launch. Recent developments include: Hermetica's stablecoin USDh yield reaches a record high of 35% APY; Velar DEX launches permissionless pool creation feature; Bitflow previews the user interface of L2 Runes AMM; ALEX Surge campaign continues to drive the active level of the ecological tokenization community.