Bitcoin Gets DeFi Upgrade: Stacks Launches Bitcoin-Backed sBTC for Smart Contracts

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The launch of sBTC indicates growing maturity in Bitcoin's ecosystem, particularly in bridging traditional Bitcoin holdings with DeFi.

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The launch of sBTC indicates growing maturity in Bitcoin's ecosystem, particularly in bridging traditional Bitcoin holdings with decentralized finance applications. The system enables developers to integrate Bitcoin into various applications, including lending platforms, decentralized exchanges, and artificial intelligence systems.