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sBTC withdrawal functionality is now live. This makes sBTC the most decentralized and seamless way to move BTC between Bitcoin L1 and L2s like Stacks. It’s a milestone that reduces trust assumptions, builds confidence in sBTC, and strengthens the Bitcoin economy.
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bitcoin dominance has been growing for the last 4 years as a store of value only. all use cases to make btc a productive asset will eventually move to bitcoin. stacks is here to keep it going by unlocking btc capital and bringing programmability to bitcoin.
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why stx? simple: • benefit from 100% bitcoin finality + enjoy fast, low-cost transactions • over $1T in idle btc capital is out there: sbtc is unlocking it • thriving defi and dapp ecosystem bringing real utility to btc
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Stacks Asia DLT Foundation is now the first Bitcoin-based organization to establish an official presence in the Middle East. By collaborating on educational initiatives with ADGM, they’re making it easier for institutions to join the growing Bitcoin economy.
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BTCFI SZN. stacks defi protocols are experiencing increased adoption - hermetica usdh yield-bearing stablecoin reaching an ath in supply - almost 500 sbtc - 15% of supply - deposited on zest to earn yield - 70m+ stx deposited on stacking dao marking a new tvl ath
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