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Alpen Labs Launches Bitcoin-Backed Stablecoin to Boost Censorship Resistance

Alpen Labs has introduced the bitcoin dollar (BTD), a bitcoin-collateralized stablecoin built on zero-knowledge rollup technology, aiming to provide a censorship-resistant alternative to centralized stablecoins. ZK Rollu...

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Alpen Labs Launches Bitcoin-Backed Stablecoin to Boost Censorship Resistance
Alpen Labs has introduced the bitcoin dollar (BTD), a bitcoin-collateralized stablecoin built on zero-knowledge rollup technology, aiming to provide a censorship-resistant alternative to centralized stablecoins. ZK Rollups Power Alpen’s New Bitcoin-Backed Stablecoin The bitcoin dollar (BTD) will operate as an over-collateralized stablecoin pegged to the U.S. dollar, using bitcoin ( BTC) as its sole backing […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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