Attention crypto enthusiasts! 🎉 Harvard students and alumni have launched the “New Bretton Woods Project,” an initiative to create Bitcoin (BTC)-backed stablecoins and combat the global debt crisis.

🔹 The project will use the Bel2 network, a Bitcoin layer-2 solution.

🔹 It will allow users to control their BTC while creating stablecoin issuance and lending opportunities.

🔹 It uses Bitcoin’s security and communicates with Ethereum (ETH) protocols.

Harvard Innovation Labs will also be collaborating on this exciting project. What do you think about this combination of Bitcoin and stablecoins? Leave us your comment!