Starknet Unveils Bitcoin-Based Token to Bring Privacy and DeFi Power to Ethereum Layer-2
Starknet is launching strkBTC, a Bitcoin-backed token that enables private balances and confidential transfers within its DeFi ecosystem. The system automatically mints tokens based on verifiable deposits to remove discretionary control, using protocol-level privacy rather than third-party custodians. The initiative aims to attract institutional users by allowing them to shield transaction data while maintaining eligibility […]
