On March 26th, BEVM Ecology’s first CDP stablecoin protocol, Satoshi Protocol, completed its seed financing round. The round was led by Web3Port Foundation and Waterdrip Venture, with participation from BEVM Foundation, Cogitent Venture, Statoshi Lab, GP of MH Venture/co-founder of BSCnews, Movebit, Supremacy, and other institutions.
Since early March, Satoshi Protocol has launched the Bitcoin Layer2 solution BEVM testnet. Over 80,000 Genesis NFTs have been minted to date, with a limited release of 25,000 OATs on the testnet, all of which have been distributed. Over the course of two weeks, more than 100,000 addresses have participated. The protocol is scheduled to officially launch on the mainnet in the near future.
This article is provided by the official source and does not represent the stance or investment advice of this platform. Readers are advised to conduct their own careful evaluation.
Are Stablecoins Primarily Used for Money Laundering? Blockchain Analysis Firm Reports 99% of Stablecoin Transactions Will Be for Legitimate Purposes in 2024.
Table of Contents Toggle Stablecoin Usage Becomes Increasingly Compliant TRM …