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  • 🍿 wBTC on Ethereum Signer BitGo Becomes Institutional Stacks Signer

🍿 wBTC on Ethereum Signer BitGo Becomes Institutional Stacks Signer

Three new products get announced on Stacks with Based Dollar, Xbot BTC, and the Clarity Alliance.

As core developers for Stacks work towards the Nakamoto Release and sBTC, new partners get announced to bolster the decentralization of the ecosystem. BitGo, the sole Wrapped BTC Signer, joins the decentralized group of Signers for sBTC. This announcement is a huge step for sBTC as institutional BTC on the leading Bitcoin L2. Let’s dive into this week’s Stacks Snacks.

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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.