Stacks, a prominent Layer-2 solution that is designed to unlock the potential of Bitcoin for decentralized finances (Defi), wins a considerable momentum.
The platform today announced that a number of large settings SBTC, a 1: 1 bitcoin-stewarded, decentralized programmable active, adopt as an important part of their bitcoin strategies.
Since the launch of Mainstet in December 2024, SBTC has attracted a lot of interest from market leaders.
Early deposits who participated in the first limit of SBTC included well -known companies such as Utxo, SNZ and Jump Crypto, which indicates a strong belief in the vision of the project.
The initial demand for SBTC was so high that a second dop increase was implemented, so that the capacity for deposits tricky.
This extensive cap was hired in less than 24 hours after the launch on 25 February, and welcomed a new wave of builders, institutions, asset managers and retail investors who like to access SBTC.
Unlock the potential of Bitcoin: $ 1T in passive capital
A fast -growing SBTC -USE CASE, Zest, has already collected almost 40% of all SBTC in the protocol, which demonstrates the usability and productivity of the active for bitcoin holders.
The unique design of SBTC ensures fully activated capital for BTC holders instead of only setting up or locking BTC on the L1. SBTC makes flexible smart contracts and transactions that use Bitcoin’s security and irreversibility.
The following critical milestone for SBTC will be the launch of the withdrawal functionality, which is expected in March 2025.
Tokenized bitcoin in the elevator: meet the growing demand
From February 2025 the demand for tokenized Bitcoin assets has steadily increased.
According to BBA data, Tokenized BTC Supply has reached 1.67% of the circulating power supply of BTC, a level that has not been seen since October 2022.
This increase in demand is driven by Bitcoin holders who increasingly acknowledge that Bitcoin layers, such as piles, can offer solutions that are tailored to the core promise of Bitcoin protection.
“The growing acceptance of SBTC offers essential liquidity for developers building and scales,” said Alex Miller, CEO of Hiro.
We have already seen buildingers who use our developer tools SBTC adopted to deliver solutions such as native bitcoin yield to turn, loans, borrowing, dex’s and scaling of L1 activities such as runes and ordinals. I predict that we will then see more innovation from these use cases, as well as new ideas via AI agents and more.
Strategic investments: Supporting the SBTC vision
“We are looking for technologies that unlock Latent capital and expand potential use cases for Bitcoin,” said Saurabh Sharma at Jump Trading.
SBTC promotes a more dynamic and interconnected financial landscape, and we are pleased to participate in the ecosystem.
As a category, Bitcoin layers have experienced dramatic growth in the past year.
Data from Defillama shows that the total value locked (TVL) on Bitcoin layers has grown by more than 460%, from around $ 500 million in 2024 to around $ 2.8 billion in February 2025.
Given the proximity of SBTC to Bitcoin and their approval by large players from the industry, including top providers, preservators and ecosystems such as Solana and Aptos, the project is positioned to connect the demand for Bitcoin with a worldwide, interconnected future in all crypto.
Piles and the community structure of this Defi -Ecosystem believe that “all roads go back to Bitcoin”, and emphasize the fundamental importance of Bitcoin as a fundamental layer.
The SBTC of the Post Stacks wins Traction Traction: Top companies such as JUMP Crypto Deposit early in Bitcoin Defi Play first appeared on Invezz
