Bitcoin Association Switzerland has launched a Bitcoin stablecoin on Tezos
Bitcoin Association Switzerland has launched a Bitcoin stablecoin on Tezos

By Allen Walters | Publish0x posts | 8 Apr 2020


Quick newsflash: Bitcoin Association Switzerland kicks off the DeFi ecosystem on Tezos with a Bitcoin-backed stablecoin. tzBTZ will be usable in Tezos smartcontracts.   

"tzBTC brings the liquidity and battle-tested brand of Bitcoin (BTC) into the Tezos ecosystem, enabling BTC-backed use-cases on Tezos. Developers on Tezos can use tzBTC to enable novel financial applications on the Tezos blockchain." 

Liquidity provider Woorton offers tzBTC tradingpairs for 20+ currencies. TzBTC is also trade-able on Sygnum, Taurus, Bity, and Bitcoin Suisse

tzBTC is supported on Ledger through the tzbtc-client. "A command tool specifically allowing the interaction with a Ledger hardware device for the purpose of tzBTC." At the same time Airgap adds support for the Tezos FA 1.2 standard and tzBTC.    CamlCase announces ztBTC support on Dexter soon.   

BakingBad, launched the ztBTC blockchain explorer almost instantly. 


Allen Walters
Allen Walters

Fascinated by blockchain and future proofing cryptocurrency. Discover the tech before it gets relevant.


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