Full-Chain Liquidity Asset Protocol StakeStone Launches Liquidity Index Bitcoin SBTC

StakeStone, a chain-wide liquidity asset protocol, has launched SBTC (“StakeStoneBTC”), a liquidity index bitcoin, which aims to leverage the redemption liquidity native to custodian BTC to build chain-wide liquidity for BTC assets, solving the liquidity fragmentation problem faced by many BTC derivatives today, while expanding the application of BTC assets in the EVM ecosystem and other blockchain networks. SBTC aims to build chain-wide liquidity for BTC assets by leveraging the redemption liquidity native to custodial BTC, solving the problem of liquidity fragmentation faced by many BTC derivative assets, and expanding the application of BTC assets in the EVM ecosystem and other blockchain networks.SBTC consists of a basket of packaged BTC assets, including BTCB, WBTC, FBTC, and cbBTC.