Elastos Introduces BTCD, a Bitcoin-Backed Stablecoin Aiming to Enhance Stability in Bitcoin DeFi

Jun 19 2025 bitcoin


Elastos has introduced BTCD, a pioneering Bitcoin-backed stablecoin designed to deliver price stability within the Bitcoin DeFi ecosystem. BTCD leverages overcollateralization and on-chain arbitrage to maintain a reliable 1:1 peg

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