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šŸæ Tim Draper’s Thoughts on Stacks & New Xverse STX Onramp

3.3 Billion net worth investor Tim Draper shares positive outlook on Stacks as Hivemind Capital and USV's Albert Wenger follow.

It’s been a big week for the Stacks ecosystem. Institutional infrastructure providers like Copper and Hex Trust announced their support for sBTC, while the community continues to discuss the recently drafted Stacks Improvement Proposal 031 (SIP-031). Let’s dive into this week’s Stacks Snacks!

šŸæ Stacks Snacks

  • Xverse launches new FIAT to STX and BTC onramp within their mobile wallet.

  • Draper VC Founder Tim Draper says Stacks has consistently proven to be a top Bitcoin innovator and to be in support of SIP-031.

  • Beyond Tim Draper, multiple other VCs like USV’s Albert Wenger and Hivemind Capital share their thoughts about SIP-031.

  • Copper officially launches sBTC custody support, giving grade-A institutions access to programmable Bitcoin.

  • Hex Trust now supports SIP-010 tokens, giving secure compliant access to Bitcoin yield.

 šŸ˜‹ Other Tasty Content

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Stacks is a Bitcoin layer for smart contracts; it enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. Stacks exists to unlock Bitcoin’s full potential as the largest, most valuable, durable, decentralized asset. Learn more here.