Introducing Bit Protocol

Bit Protocol ushers in a new era of stablecoins with bitUSD, the first omnichain-focused digital currency built on the innovative Oasis Sapphire confidential EVM. Merging the stability of traditional stablecoins with unparalleled utility, bitUSD addresses the critical market need for merging Oasis Sapphire functionality with other chains in DeFi.

Supported by a decentralized collateral base, including ROSE, and yield bearing collaterals such as Liquid Staked Tokens (LSTs) and Liquidity Positions (LPs), plus an ambitious omnichain expansion plan to optimize interoperability, utility and reach, Bit Protocol is not just a stablecoin but an infrastructure and stable unit of account for the acceleration of omnichain-centric DeFi.

Central to its ecosystem is the bitGOV token, which provides a share in protocol revenue, fostering a decentralized and community-driven approach. Bit Protocol's unique blend of utility, decentralization, and forward-thinking economics positions it as a novel stablecoin with unique use cases in the evolving landscape of omnichain-DeFi.