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BTC Mainnet's first decentralized stablecoin protocol, Shell Finance, launched today.

BlockBeats News, December 4th, according to official sources, the BTC mainnet decentralized stablecoin protocol Shell Finance announced its launch today.

Shell Finance is reportedly the first decentralized stablecoin protocol built on the BTC layer one. Users can collateralize BTC, Ordinals NFT, BRC-20, Runes, and other BTC ecosystem assets to mint the stablecoin (SUSD).

The official statement indicates that the launch of Shell Finance will significantly enhance the liquidity of BTC layer one assets and establish a solid foundation for BTCFi's takeoff. In the future, Shell Finance will also expand to networks based on the Bitcoin Fractal and UTXO models to further broaden the utility of SUSD.

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12h ago

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15h ago

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16h ago

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