MultiversX Tracker is Live!

Fireblocks to integrate Stacks for institutional-grade Bitcoin DeFi

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 372 Views

Fireblocks to integrate Stacks for institutional-grade Bitcoin DeFi

The Bitcoin network has an average block time of about 10 minutes, which creates a challenge for decentralized finance applications.

Update (2-4-26 at 6:49 UTC): This article has been updated to show the correct Stacks block time as 5 seconds

Fireblocks, an institutional-grade crypto infrastructure company, announced on Wednesday that it will integrate Stacks, a decentralized finance (DeFi) layer for the Bitcoin protocol, to give institutional clients access to lending and yield-bearing opportunities.

The integration bypasses the 10-minute Bitcoin block time by leveraging the Stacks blockchain, which has an average block time of about 5 seconds, a Stacks spokesperson told Cointelegraph.

Read more


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments