BlockBeats news reports that on November 29, Stacks, a Bitcoin scaling solution, officially announced their plan to deploy sBTC in two stages. The first phase will launch on December 16, 2024, with the mainnet, and the Bitcoin deposit function will be available. The second phase is scheduled to be launched within 6-8 weeks after the first phase, which is expected to take place in the first quarter of 2025.

This will mark the opening of the Bitcoin withdrawal function.

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<p>The post Stacks Announces Bitcoin Expansion Solution Launch Phases first appeared on CoinBuzzFeed.</p>