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MAP Protocol announces strategic transformation into a full-chain infrastructure focused on Bitcoin, stablecoins and tokenized asset exchange

By: odaily.com|2025/07/11 05:31:28

Odaily News According to the official announcement, MAP Protocol announced its new strategic vision to transform into a full-chain infrastructure focused on Bitcoin, stablecoins and tokenized asset exchanges. This transformation is aimed at responding to the cross-chain exchange demand brought about by the surge in the scale of Bitcoin held by institutions and the stablecoin market exceeding $200 billion.
The protocol uses light client technology and MPC threshold signature scheme to achieve decentralized real-time asset swaps between the Bitcoin mainnet and public chains such as Ethereum and BNB Chain. Its front-end platform Butterswap currently processes an average of $170 million in stablecoin transactions per month, and will expand support for cross-chain swaps of legal stablecoins such as the Korean won and Hong Kong dollar in the future.

Previously shorted Bitcoin at $108,000 with 40x leverage, the whale topped up $5.5 million margin, now facing over $10 million unrealized loss

Bitcoin Breaks $117,000, Hits Another All-Time High