Stable

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

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.

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.