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Templar Launches Mainnet, Offering Permissionless Bitcoin-Backed Lending Without Trusted Third Parties

Templar, billed as the first Cypher Lending Protocol, went live on mainnet, enabling bitcoin holders to borrow U.S. dollar–pegged stablecoins against native BTC without relying on banks, exchanges, or centralized interme...

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Templar Launches Mainnet, Offering Permissionless Bitcoin-Backed Lending Without Trusted Third Parties
Templar, billed as the first Cypher Lending Protocol, went live on mainnet, enabling bitcoin holders to borrow U.S. dollar–pegged stablecoins against native BTC without relying on banks, exchanges, or centralized intermediaries. The protocol uses MPC (multi-party computation) and immutable, non-upgradable smart contracts to prevent freezing, seizure, or rehypothecation of collateral, and requires no wrapping, bridging, […]

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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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