BitGo, a digital asset financial services platform, now supports Stacks layer, as per the latest info disclosed to Finbold on July 18.
The integration not only broadens BitGo’s ecosystem but also offers clients an opportunity to earn Bitcoin (BTC) rewards while enhancing BTC capabilities with integrated delegate and solo stacking features.
Generating BTC directly into the wallet
Through stacking, BitGo users can now generate BTC rewards directly in their wallets, without lending or additional risk.
Additionally, BitGo now supports the Stacks token standard, further expanding its offerings.
A key component of the integration is BitGo’s role as a “signer” on the network, contributing to block production and blockchain consensus.
Upon the release of sBTC, a decentralized 1:1 Bitcoin-backed asset meant to boost Bitcoin programmability, BitGo will join the Signer network, facilitating deposits and withdrawals.
Enabling the conversion between BTC and sBTC
Signers
We współpracy z: https://finbold.com/bitgo-integrates-stacks-to-enhance-bitcoin-capabilities/
