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  • solv-btcSolv Protocol BTC (SOLVBTC) $ 115,494.00
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  • aerodrome-financeAerodrome Finance (AERO) $ 1.27
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  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.12
  • msolMarinade Staked SOL (MSOL) $ 318.32
  • pax-goldPAX Gold (PAXG) $ 3,648.17
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • the-graphThe Graph (GRT) $ 0.099931
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Yala enables Bitcoin holders to mint USDC-backed stablecoins and unlock cross-chain liquidity

DeFi
By admin
0 3

Yala enables Bitcoin holders to mint USDC-backed stablecoins and unlock cross-chain liquidity

Key Takeaways

  • Yala’s protocol allows Bitcoin holders to mint USDC-backed stablecoins while keeping custody of their Bitcoin.
  • The platform unlocks cross-chain liquidity and real-world asset integration, addressing the underutilization of Bitcoin in DeFi.
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Yala launched a protocol that enables Bitcoin holders to mint USDC-backed stablecoins while retaining custody of their Bitcoin assets, expanding cross-chain functionality and real-world asset integration opportunities.

The new protocol lets users create stable digital currencies that work across multiple blockchains while maintaining ownership of their Bitcoin. These stablecoins can connect to real-world investments including tokenized bonds and commodities.

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