PANews reported on July 16 that according to Cointelegraph, Bitlayer, a Bitcoin DeFi infrastructure invested by traditional asset management giant Franklin Templeton, announced the launch of the smart contract cross-chainPANews reported on July 16 that according to Cointelegraph, Bitlayer, a Bitcoin DeFi infrastructure invested by traditional asset management giant Franklin Templeton, announced the launch of the smart contract cross-chain
Bitlayer launches Bitcoin cross-chain bridge BitVM on mainnet
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
PANews reported on July 16 that according to Cointelegraph, Bitlayer, a Bitcoin DeFi infrastructure invested by traditional asset management giant Franklin Templeton, announced the launch of the smart contract cross-chain bridge BitVM on the mainnet. The solution allows users to lock Bitcoin into smart contracts and convert it into a packaged asset Peg-BTC (YBTC) that can interact across chains. It has now been integrated with networks such as Sui, Base and Arbitrum. Bitlayer said that the bridge solution uses a single-signature verification mechanism to optimize security, aiming to enable native BTC liquidity to enter the smart contract ecosystem without changing the underlying Bitcoin protocol.
Market Opportunity
CROSS Price(CROSS)
$0.062
$0.062$0.062
USD
CROSS (CROSS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
MSBT Is “Massive Bitcoin Bet” With $160B Forecast; Strategy CEO Says
The post MSBT Is “Massive Bitcoin Bet” With $160B Forecast; Strategy CEO Says appeared on BitcoinEthereumNews.com. Morgan Stanley filed for spot BTC ETF (MSBT),
Share
BitcoinEthereumNews2026/03/22 04:37
Why Strategy CEO sees ‘monster’ demand for Morgan Stanley’s Bitcoin ETF
The post Why Strategy CEO sees ‘monster’ demand for Morgan Stanley’s Bitcoin ETF appeared on BitcoinEthereumNews.com. Is the market underestimating the potential
Share
BitcoinEthereumNews2026/03/22 04:00
Headwind Helps Best Wallet Token
The post Headwind Helps Best Wallet Token appeared on BitcoinEthereumNews.com. Google has announced the launch of a new open-source protocol called Agent Payments Protocol (AP2) in partnership with Coinbase, the Ethereum Foundation, and 60 other organizations. This allows AI agents to make payments on behalf of users using various methods such as real-time bank transfers, credit and debit cards, and, most importantly, stablecoins. Let’s explore in detail what this could mean for the broader cryptocurrency markets, and also highlight a presale crypto (Best Wallet Token) that could explode as a result of this development. Google’s Push for Stablecoins Agent Payments Protocol (AP2) uses digital contracts known as ‘Intent Mandates’ and ‘Verifiable Credentials’ to ensure that AI agents undertake only those payments authorized by the user. Mandates, by the way, are cryptographically signed, tamper-proof digital contracts that act as verifiable proof of a user’s instruction. For example, let’s say you instruct an AI agent to never spend more than $200 in a single transaction. This instruction is written into an Intent Mandate, which serves as a digital contract. Now, whenever the AI agent tries to make a payment, it must present this mandate as proof of authorization, which will then be verified via the AP2 protocol. Alongside this, Google has also launched the A2A x402 extension to accelerate support for the Web3 ecosystem. This production-ready solution enables agent-based crypto payments and will help reshape the growth of cryptocurrency integration within the AP2 protocol. Google’s inclusion of stablecoins in AP2 is a massive vote of confidence in dollar-pegged cryptocurrencies and a huge step toward making them a mainstream payment option. This widens stablecoin usage beyond trading and speculation, positioning them at the center of the consumption economy. The recent enactment of the GENIUS Act in the U.S. gives stablecoins more structure and legal support. Imagine paying for things like data crawls, per-task…
Share
BitcoinEthereumNews2025/09/18 01:27
