On July 11, CoinWorld reported that MAP Protocol announced its new strategic vision, transforming into a full-chain infrastructure focused on the exchange of Bitcoin, stablecoins, and tokenized assets. This transformation aims to address the cross-chain exchange demand arising from the surge in institutional holdings of Bitcoin and the stablecoin market exceeding $200 billion.

The protocol employs lightweight client technology and an MPC threshold signature scheme to achieve decentralized real-time asset swaps between the Bitcoin mainnet and public chains such as Ethereum and BNB Chain. Its front-end platform Butterswap currently processes an average of $170 million in stablecoin transactions per month and will expand to support cross-chain exchanges of fiat stablecoins such as the South Korean Won and Hong Kong Dollar in the future.