Starknet launches strkBTC for shielded bitcoin transfers on Layer 2

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Starknet launched strkBTC, a shielded bitcoin wrapper designed for private balances and confidential transfers on its Layer 2 network. Starknet said the asset keeps DeFi composability while adding compliance-ready auditability and the ability to bridge back to fresh Bitcoin addresses. Future upgrades aim to add confidential lending, trading, and yield on Starknet.

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