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tron
TRON (TRX) $ 0.124186
bitcoin
Bitcoin (BTC) $ 71,245.09
ethereum
Ethereum (ETH) $ 3,675.96
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 602.23
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.537089
binance-usd
BUSD (BUSD) $ 1.01
dogecoin
Dogecoin (DOGE) $ 0.164281
cardano
Cardano (ADA) $ 0.50056
solana
Solana (SOL) $ 186.36
matic-network
Polygon (MATIC) $ 0.753652
polkadot
Polkadot (DOT) $ 7.54
tron
TRON (TRX) $ 0.124186

Stacks Foundation joins Uphold to drive Bitcoin adoption

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The Stacks Basis, a number one blockchain platform, has simply introduced a brand new partnership with Uphold, the multi-asset cash platform, aimed toward boosting the mainstream Bitcoin (BTC) adoption, based on the data shared with Finbold on Might 14.

Due to the collaboration, Uphold customers won’t solely be capable of commerce native STX but in addition seamlessly switch their STX between their exterior Stacks suitable wallets and Uphold accounts.

Upholdโ€™s Something-to-Something buying and selling mannequin

Uphold stands out as greater than only a typical cryptocurrency alternate with its Something-to-Something buying and selling strategy permitting customers to commerce between numerous asset lessons equivalent to cryptocurrencies, commodities, and equities.

With a worldwide attain spanning over 184 international locations and coping with 250+ currencies (each conventional and crypto) and commodities, Uphold brings practically a decade of expertise to the desk, having facilitated over $4 billion in transactions.

Transparency is one other key pillar for Uphold, the platform at all times sustaining reserves of 100% or extra and publishes its belongings and liabilities in actual time.

Bitcoin Layer 2s

Bitcoin is changing into greater than a retailer of worth, transferring past its standing as digital gold.

The fame of the cryptocurrency is altering with the rise of Bitcoin Layer 2s, led by Stacks and different platforms that may unlock its potential as a completely programmable, productive asset by enabling purposes to be constructed on prime of it.

Stacksโ€™ upcoming 2024 Nakamoto and sBTC releases promise sooner speeds and transactions backed by 100% Bitcoin finality.

If profitable, the discharge will improve person and developer expertise on the Stacks platform and pave the best way for extra purposes on Bitcoin.

See also  Bitcoinโ€™s โ€œMega Moveโ€ and Cardanoโ€™s Consolidation Mimic Crypto Bull Run Behaviors

Partnerships just like the one with Uphold replicate the rising curiosity, normalization, and mainstream adoption of digital belongings, significantly Bitcoin Layer 2s like Stacks.

The Stacks Basis seems ahead to increasing alongside Uphold and bringing Bitcoin and Bitcoin Layer 2s to the mainstream.

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