BlockBeats News, June 16th, Strategy founder Michael Saylor this morning proposed the concept of the "Modern Digital Asset Stack," suggesting that Bitcoin is not only Digital Capital but will also become the foundation of financial products such as Digital Credit, Digital Money, Digital Yield, and Digital Equity, driving Bitcoin's evolution from a singular asset to a global financial architecture.
Saylor stated that Bitcoin does not require protocol changes, staking, or issuance, and its volatility can be transformed into yield-bearing products through a capital structure. Among these, Digital Credit represented by STRC-like products can provide yield, while Digital Money can be used to construct a stable value tool with a yield of approximately 6%-8% by combining Bitcoin-backed credit assets with cash equivalents.
He believes that in the future, stablecoins, payment networks, wallets, exchanges, and DeFi protocols can all operate based on Bitcoin-backed capital structures, providing digital capital, yield products, and stable value assets to investors with different risk preferences.
Saylor emphasized that Bitcoin will continue to maintain its 21 million fixed supply limit, with most innovations occurring in custody, securities, credit, payment systems, and capital markets, rather than changing the Bitcoin protocol itself. He stated, "Bitcoin is digital capital, and the world will build a financial system on top of Bitcoin."
