Stacks has set a limit of 1000 BTC for controlled testing of the BTC deposit feature, which will launch next week.

DailyNews

2024-12-12 03:16:22

STX0,18%

PANews 12th December news, BTCscaling solutionStacks once again hinted that the BTC deposit function will be opened next week. Stacks stated on the X platform: “Next week, Stacks’s sBTC will unleash the trillion-dollar market potential of BTC. Users can earn BTC rewards through the sBTC reward program. Initially, a deposit limit of 1,000 BTC will be set for controlled testing, and this limit will gradually increase over time.” Earlier, Stacks announced that sBTC will be deployed in two phases, with the first phase supporting BTC deposit functionality on December 16, 2024; the second phase is expected to be launched 6-8 weeks after the first phase, at which time BTC withdrawal functionality will be opened.

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