> For the complete documentation index, see [llms.txt](https://midl.gitbook.io/midl/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://midl.gitbook.io/midl/examples-of-use/stable.md).

# Stable

The third dApp available on the Devnet is a dApp for issuing stablecoins on Bitcoin, fork of Liquity V2 protocol.&#x20;

The stablecoin is not pegged to any other asset and serves only as a demonstration of the ability to issue and interact with CDP-backed stablecoin on Bitcoin. The native Bitcoin borrowing solution allows users to use BTC as collateral to mint USDB.&#x20;

The dApp also remains independent and does not represent the official Compound protocol, focusing solely on enabling lending and borrowing within Bitcoin’s testnet environment.
