🟧To accommodate institutional interest, the third sBTC deposit cap is rescheduled to May 22, 2025, allowing 2,000 $BTC to be deposited, expanding Bitcoin’s DeFi role on Stacks.

sBTC, a 1:1 Bitcoin-backed asset on @Stacks, enables Bitcoin holders to engage in DeFi while upholding Bitcoin’s security and decentralization. This follows the April 30, 2025, launch of sBTC withdrawal functionality, enabling trust-minimized conversion to native BTC.

With 3,000 sBTC already in circulation, Stacks has emerged as a leading blockchain for $BTC locked. The upcoming 2,000 sBTC cap raise will further cement Stacks’ position as a premier hub for BTCFi.

By minting sBTC, users can unlock Bitcoin’s potential in the Stacks ecosystem, participating in innovative DeFi protocols without compromising Bitcoin’s foundational values. 👇

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