Stacks sBTC
sBTC is a SIP-010 token on the Stacks blockchain that represents Bitcoin (BTC) in a 1:1 ratio. It enables Bitcoin holders to participate in DeFi applications and other smart contract functionalities while maintaining a peg to the underlying Bitcoin.
Based, Stacks sBTC works in crypto / defi / bridge.
The company sits in the crypto / defi / bridge segment, where it competes on its core product or service.
| Sector | Crypto / DeFi / Bridge |
|---|
Website: docs.stacks.co/more-guides/sbtc
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