Publicly available data from Aptos Network and decentralized application usage statistics

Bitcoin Stacks L2 Integrates with Aptos Network, Enhances sBTC with Nakamoto Upgrade

Sep 17, 2024, 01:31 PM

Bitcoin Stacks Layer 2 protocol has integrated with the Aptos Network, allowing Bitcoin-backed tokens (sBTC) to be used in various decentralized applications on Aptos' Layer 1 blockchain. This integration enables secure movement of Bitcoin onto Aptos' blockchain, enhancing Bitcoin's utility beyond a store of value. The integration is expected to accelerate Bitcoin adoption across multiple chains, enabling trustless and non-custodial transfers of Bitcoin between the Bitcoin Layer 1 network and Stacks Layer 2 with sBTC. The Nakamoto upgrade will further enhance these capabilities. An Aptos executive noted that this development makes Bitcoin highly capable in the DeFi space.