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Alpen Labs Launches Bitcoin-Backed Stablecoin to Boost Censorship Resistance

May 8, 2025
in Bitcoin
Reading Time: 1 min read
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Alpen Labs Launches Bitcoin-Backed Stablecoin to Boost Censorship Resistance
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Alpen Labs has introduced the bitcoin dollar (BTD), a bitcoin-collateralized stablecoin built on zero-knowledge rollup technology, aiming to provide a censorship-resistant alternative to centralized stablecoins. ZK Rollups Power Alpen’s New Bitcoin-Backed Stablecoin The bitcoin dollar (BTD) will operate as an over-collateralized stablecoin pegged to the U.S. dollar, using bitcoin ( BTC) as its sole backing […]
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