GetChain News
中简 中繁 EN
GetChain News
Toggle sidebar
Rootstock

Rootstock

Active

EVM-compatible smart contracts platform base on Bitcoin

News Heat Trend

Project Overview

Rootstock is a EVM-compatible smart contracts platform base on Bitcoin.Rootstock aims to extend the functionality of Bitcoin to enable smart contracts without compromising its core layer, and enable the permissionless construction of Bitcoin DeFi protocols. Rootstock Infrastructure Framework (RIF) RIF solutions for payments, identity, marketplaces and more

Event-related news

Related news

Rootstock Executive: Bitcoin DeFi Demand Concentrated Among a Small Group of Deep-Pocketed Users

: Richard Green, Head of Ecosystem and Institutional Relations at Rootstock Labs, stated that as overall DeFi liquidity continues to decline, Bitcoin DeFi projects are pivoting their focus toward smaller but deeper-pocketed user groups.Speaking at the BTC Prague conference, Green noted that the crypto-native traders and hedge funds that were once easily accessible have largely retreated due to capital outflows from the DeFi market. Data shows that the total value locked in DeFi protocols has fallen from approximately $180 billion in October last year to around $70 billion currently.Against this backdrop, Rootstock is targeting its products—such as lending and yield offerings—toward Bitcoin miners and digital asset treasury companies. These users typically hold large amounts of BTC but may need to access liquidity or generate yield without selling their assets.Green believes that current demand for Bitcoin DeFi is not widely distributed but rather concentrated among a few high-capital niche groups. For project teams, the key challenge is no longer acquiring users at scale targeting general DeFi participants, but designing products around real balance sheet needs.

Binance Will Support the Rootstock Infrastructure Framework (RIF) Network Upgrade and Hard Fork

According to the official announcement, Binance will support the RIF Network upgrade and hard fork. Deposits and withdrawals of tokens on the Rootstock Infrastructure Framework (RIF) network will be suspended starting at 17:00 on May 4, 2026. The network upgrade and hard fork will occur at block height 8,804,200, approximately at 18:00 on May 4, 2026. Once the upgraded network stabilizes, deposits and withdrawals of tokens on this network will resume.

Paystand Launches USDb, a Stablecoin Built on the Bitcoin Ecosystem

According to Businesswire, Paystand, a blockchain-based B2B payment network, has announced the launch of USDb, a stablecoin built on the Bitcoin ecosystem. USDb is backed 1:1 by U.S. dollar reserves and is natively deployed on the Bitcoin sidechain Rootstock, while also being compatible with the Liquid Network and the Bitcoin Lightning Network. Notably, USDb is primarily designed for traditional corporate finance use cases, including accounts receivable/payable, cross-border payroll, and treasury management.