Elastos to Launch BTC-Backed Stablecoin BTCD on August 1

Name: BTC-Backed Stablecoin BTCD Launch
Start: 2025-08-01T00:00:00Z
End: 2025-08-02T00:00:00Z

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Elastos has announced the upcoming launch of BTCD, a stablecoin backed by native Bitcoin, scheduled for August 1. The asset is being developed by NBW Labs using Elastos infrastructure. The project aims to combine Bitcoin’s value and security with the utility of a stable digital asset. The release marks a new phase in the ecosystem’s BTCFi initiative.

Event date: August 1, 2025 UTC

Elastos
@ElastosInfo

It’s Happening! On august 1st, $BTC stablecoin goes live. Backed by native #Bitcoin, built with Elastos infrastructure by NBW Labs.

Bitcoin's value and unmatched security will finally back a stablecoin!

Bitcoin's productive era is here! Stay tuned...

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