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MAP Protocol Announces Strategic Transformation to Focus on Bitcoin, Stablecoins, and Tokenized Asset Exchange Full-Chain Infrastructure
Summary: According to official announcement, MAP Protocol has revealed its new strategic vision, transforming to focus on Bitcoin, stablecoins, and tokenized asset exchange full-chain infrastructure. This transformation aims to address the increasing institutional holdings of Bitcoin and the cross-chain exchange demand brought by the stablecoin market surpassing $200 billion. The protocol utilizes lightweight client technology and ...
According to official announcement, MAP Protocol has revealed its new strategic vision, transforming to focus on Bitcoin, stablecoins, and tokenized asset exchange full-chain infrastructure. This transformation aims to address the increasing institutional holdings of Bitcoin and the cross-chain exchange demand brought by the stablecoin market surpassing $200 billion. The protocol utilizes lightweight client technology and MPC threshold signature scheme to achieve decentralized real-time asset exchange between the Bitcoin mainnet and public chains such as Ethereum, BNB Chain, etc. Its frontend platform Butterswap currently processes an average of $170 million in stablecoin trades per month and will expand to support cross-chain exchange of fiat stablecoins such as Korean won, Hong Kong dollar, and others in the future.
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Link: MAP Protocol Announces Strategic Transformation to Focus on Bitcoin, Stablecoins, and Tokenized Asset Exchange Full-Chain Infrastructure [Copy]
