Stacks Partners with Bifrost to Integrate sBTC and BtcUSD

According to Foresight News, Bitcoin Layer2 network Stacks has announced a partnership with cross-chain Liquid Staking Appchain Bifrost to integrate multiple features for sBTC and BtcUSD. BTCFi will offer risk-minimized earning opportunities for Bitcoin holders and will support sBTC assets after their release. sBTC will act as collateral similar to WBTC and BTCB, while Bifrost will introduce its Bitcoin-backed stablecoin BtcUSD to Stacks. Additionally, the popular cross-chain wallet Pockie, regulated by the Bifrost Foundation, will also support sBTC after its launch.