I think the most potential in the Bitcoin ecosystem should be the stablecoin of the Bitcoin chain. #bitcoins #BTCUSD 1⃣ The Bitcoin main chain does not support the ecosystem, $orid $SATS these inscriptions are only in the form of pictures, making it difficult to classify them as the complete ecosystem of Bitcoin. 2⃣ Stablecoins on the Bitcoin chain (including Bitcoin main chain, sidechain, or tightly integrated Layer 2 solutions such as Rootstock, Stacks, BOB, etc.). These stablecoins must be Bitcoin-native or Bitcoin-backed and have some market acceptance. (1) satUSD: Issued on BOB (Build on Bitcoin) Layer 2, a Bitcoin-backed USD-pegged stablecoin that mints and shares protocol revenue through cross-chain minting. Integrate DeFi protocols to gain institutional interest. Market Cap: $271M Official Twitter: @build_on_bob (2) USDh: Issued on Stacks (Bitcoin L2), a Bitcoin-backed synthetic dollar offering up to 25% yield. Dominates the Stacks stablecoin market,...
Show original
7.3K
3
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.