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The integration of the Bitcoin-based (BTC) smart contract protocol Rootstock (RSK) blockchain into Multichain ecosystem!

 

Bitcoin News – The Multichain platform has announced the integration of the Bitcoin-based smart contract protocol Rootstock (RSK) blockchain into its ecosystem. The integration allows users to exchange Ether (ETH), USD Coin (USDC), Binance USD (BUSD) and other assets between Rootstock Blockchain, Ethereum and BNB Chain. This is a great achievement for Multichain as it provides access to Decentralized Finance (DeFi) on Bitcoin. According to reports, the integration will provide significant benefits to builders utilizing RSK. One such benefit is that the builders do not need to expend resources building bridges to capital and addressable markets. Users can initiate bridging their ETH, USDC, BUSD, BNB, WBTC and DAI between RSK`s network and Ethereum. Diego Gutiérrez Zaldívar, the co-founder of RSK, declared:

“RSK is home to the fastest-growing DeFi for Bitcoin ecosystem with protocols that are built to last and provide real solutions to the issues users face in centralized finance.”

 

Additional information

Rootstock (RSK) is defined as a smart contract platform linked to the Bitcoin blockchain via sidechain technology. It is the world’s most secure smart contract network, enabling decentralized applications secured by the Bitcoin network to empower people and improve the quality of life. RSK has great characteristics that can influence other cryptocurrencies such as Bitcoin and Ethereum, the two most popular cryptocurrencies to date.

 

Source:The Pipsafe Team – Bitcoin News


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