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Lombard Launches Yield-Bearing Bitcoin Asset LBTC on Solana Network
Summary: According to reports, Bitcoin DeFi protocol Lombard has launched yield-bearing Bitcoin asset LBTC on the Solana network. LBTC is an SPL token issued by Lombard, fully backed by Bitcoin and secured by a decentralized validator network, while also providing real-time reserve proof. LBTC has been listed on Ethereum, Base, and Sui networks, with a circulation ...
According to reports, Bitcoin DeFi protocol Lombard has launched yield-bearing Bitcoin asset LBTC on the Solana network. LBTC is an SPL token issued by Lombard, fully backed by Bitcoin and secured by a decentralized validator network, while also providing real-time reserve proof. LBTC has been listed on Ethereum, Base, and Sui networks, with a circulation of up to $1.5 billion.
