Stacks' sBTC token sees increasing adoption

Stacks, the leading Bitcoin BTC BTC - $108923.561 Layer-2 (L2) network for BTC-oriented decentralized finance (DeFi), has announced that its sBTC token has been adopted by a number of institutional clients, as detailed to Finbold on Thursday, February 27.

Source: finbold.com

Related symbols: STXUSD

2025-02-27 09:20:02 GMT.

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Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,869,225. The last known price of Bitcoin is 108,951.17332458 USD and is down -0.85 over the last 24 hours. It is currently trading on 12185 active market(s) with $53,103,588,411.24 traded over the last 24 hours. More information can be found at https://bitcoin.org/.