Bifrost and SynFutures Forge Partnership, Adding btcUSD as a Trading Option

IconCryptoNewsTerminal Staff29 Jul, 2024

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Bifrost and SynFutures Forge Partnership, Adding btcUSD as a Trading Option

Bifrost (BFC), a cross-chain middleware platform, has entered into a strategic partnership with SynFutures, a decentralized perpetual futures exchange. As part of this collaboration, Bifrost's native Bitcoin-collateralized USD-pegged stablecoin, btcUSD, is now available as a trading option on SynFutures. This partnership enables SynFutures users to access btcUSD's stability and cross-chain utility, expanding their trading options. The integration of btcUSD on SynFutures is a significant step in the accessibility and adoption of stablecoins in the decentralized finance (DeFi) ecosystem.