Interlay launches trustless BTC stablecoin bridge on Polkadot
InterBTC operates as a BTC-backed stablecoin, secured by a decentralized network of overcollateralized vaults, which according to Interlay, resembles MakerDAO’s DAI token.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
InterBTC operates as a BTC-backed stablecoin, secured by a decentralized network of overcollateralized vaults, which according to Interlay, resembles MakerDAO’s DAI token.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitfinex-Backed Plasma Launches Plasma One, First Stablecoin-Native Neobank
Bitfinex-backed Plasma blockchain launches Plasma One, a stablecoin-native neobank with $2B liquidity and 100+ DeFi integrations a...
Ethereum Research Thread Puts Sybil Resistance Back In Focus For Decentralized Networks
Ethereum Research Thread Puts Sybil Resistance Back In Focus For Decentralized Networks is a useful reminder that crypto coverage...
Stripe and Advent Bid $53 Billion for PayPal, Linking Two Stablecoin Players
Payments company Stripe has offered to buy PayPal for $53 billion, teaming with private-equity firm Advent International on a bid...
Hyperliquid Picks USDC as Its Core Stablecoin in Coinbase Deal to Unify On-Chain Liquidity
Key Takeaways: As no more AQAv2 treasury deployers are on the horizon, Hyperliquid will become the primary stablecoin for the Unit...
US turns stablecoin issuer Tether into a financial weapon against Iran, freezing nearly $500 million
US authorities have used Tether's control over its dollar-linked stablecoin to freeze about $475 million connected to Iran in less...
Coinbase ends USDC support on Noble network effective August 17, 2026
Coinbase's decision may prompt increased diversification of stablecoin networks, impacting liquidity and user strategies in the Co...