ZetaChain has announced a partnership with BitSmiley to launch bitUSD, the first Bitcoin-backed stablecoin! 🎉 This new addition will make it easier for BTC holders to participate in DeFi by allowing them to issue stablecoins directly from their BTC.

The launch of bitUSD in late September will make DeFi easier to access by expanding the use of BTC across multiple blockchains. 🚀

ZetaChain also recently welcomed Animoca Brands as a new validator, strengthening its network and providing access to 3.5 million wallets.