StakeStone, a Full-Chain Liquidity Asset Protocol, Releases Liquidity Index Bitcoin SBTC
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September 18, 2024
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PANews reported on September 18th that StakeStone, a cross-chain liquidity asset protocol, launched its Liquidity Index Bitcoin SBTC ("StakeStoneBTC"). SBTC aims to build a cross-chain liquid BTC asset leveraging the redemption liquidity native to custodian BTC, addressing the fragmented liquidity issue faced by numerous BTC derivative assets currently. Simultaneously, it expands the application of BTC assets within the EVM ecosystem and other blockchain networks. SBTC comprises a basket of packaged BTC assets, including BTCB, WBTC, FBTC, and cbBTC.
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