#SBTC Gate News bot, Copper, a company focused on digital asset custody and collateral management, announced the expansion of support for Stacks (STX) and sBTC. sBTC is a Bitcoin-based asset that sits on Stacks Layer 2 and is pegged 1:1 to BTC, enabling Bitcoin holders to access smart contracts, DeFi, and other programmable financial use cases while maintaining a direct connection to Bitcoin's value, with the aim of bringing Bitcoin liquidity to DeFi applications, creating new opportunities for yield, lending, and cross-chain interoperability. The integration enables Copper's global customers to "securely store, transfer, and manage sBTC and their existing digital asset portfolios, further enhancing access to the Bitcoin DeFi ecosystem."
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#SBTC Gate News bot, Copper, a company focused on digital asset custody and collateral management, announced the expansion of support for Stacks (STX) and sBTC. sBTC is a Bitcoin-based asset that sits on Stacks Layer 2 and is pegged 1:1 to BTC, enabling Bitcoin holders to access smart contracts, DeFi, and other programmable financial use cases while maintaining a direct connection to Bitcoin's value, with the aim of bringing Bitcoin liquidity to DeFi applications, creating new opportunities for yield, lending, and cross-chain interoperability. The integration enables Copper's global customers to "securely store, transfer, and manage sBTC and their existing digital asset portfolios, further enhancing access to the Bitcoin DeFi ecosystem."