Tezos Releases 'tzBTC 2.0' With Enhanced BTC Peg and User Experience
CryptoNewsTerminal Staff27 May, 2024
Tezos Releases 'tzBTC 2.0' With Enhanced BTC Peg and User Experience
Tezos (XTZ) has announced the launch of 'tzBTC 2.0', an improved version of its previous BTC-pegged token on Tezos. This new iteration addresses shortcomings of the previous model, introducing free minting and burning capabilities. tzBTC 2.0 aims to provide a more seamless and cost-effective way for users to bridge between Bitcoin and Tezos. With its enhanced features, Tezos hopes to further expand the utility of its blockchain for both DeFi and Web3 applications.