BitSmiley Releases BitUSD: A Game-Changer for Cross-Chain Transactions
CryptoNewsTerminal Staff10 Sep, 2024
BitSmiley Releases BitUSD: A Game-Changer for Cross-Chain Transactions
BitSmiley, a renowned Bitcoin DeFi project, has made waves in the crypto industry with the launch of BitUSD, its own multi-chain stablecoin. This groundbreaking development allows for the seamless bridging of native BTC liquidity with native assets on various blockchains. BitUSD is a significant step forward in the quest for interoperability within the crypto ecosystem. With its multi-chain capabilities, it eliminates the barriers between different blockchains, enabling the efficient transfer of value across multiple networks. Currently accessible on a testnet, BitUSD is poised to debut alongside the mainnet beta of ZetaChain (ZETA) in Q4 of this year. This integration will further bolster the stability and reach of BitUSD, making it an indispensable tool for cross-chain transactions. BitSmiley's launch of BitUSD underscores its commitment to expanding Bitcoin's utility and promoting cross-chain collaboration. As the crypto landscape continues to evolve, multi-chain solutions like BitUSD will play a pivotal role in fostering a more connected and accessible ecosystem.
