BlockBeats News, December 18, according to official news, Stacks has officially launched sBTC. sBTC is a 1:1 Bitcoin-backed asset on the Stacks Bitcoin L2, which will allow developers to create efficient use cases for BTC, opening the door to Bitcoin DeFi, NFTs, and more.
sBTC leverages 100% Bitcoin finality for Bitcoin security and benefits from fast transactions. Its launch will drive Stacks to fully activate the Bitcoin economy.
