Stacks announces that its Bitcoin scaling solution sBTC will be launched in phases. The first phase is scheduled to start on December 16, 2024, when the Bitcoin deposit feature will be opened. The second phase is expected to be launched in the first quarter of 2025, opening the Bitcoin withdrawal feature. This progress marks further expansion of the Bitcoin ecosystem, with the market holding an optimistic view of its potential, which may bring more possibilities for Bitcoin's application scenarios.