Alpen Labs recently launched Bitcoin Dollar (BTD), a Bitcoin-backed stablecoin designed to promote censorship resistance in the crypto market. This governance-free stablecoin is fully collateralized by Bitcoin, fostering trustless operations through immutable code.
BTD's architecture utilizes zero-knowledge rollup technology, enhancing transparency and addressing gaps in traditional stablecoin regulations. Experts are optimistic about BTD's potential to challenge fiat-pegged alternatives, highlighting its credibility and market stability.
The launch coincides with rising Bitcoin prices and regulatory interests, indicating a promising future for Bitcoin-backed innovations like BTD.
Full story here: https://coincu.com/336473-alpen-labs-launches-bitcoin-btd
