币界网报道:BitVault has secured $2 million in funding to introduce a Bitcoin-backed stablecoin on the Katana DeFi Chain, aiming to enhance liquidity and stability in decentralized finance. The stablecoin, pegged 1:1 to BTC, will allow users to leverage Bitcoin's value without selling their holdings, enabling participation in DeFi activities like lending and yield farming. BitVault's CEO emphasized the project's focus on security and transparency, with reserves audited by third parties. The launch is expected to attract both institutional and retail investors seeking Bitcoin exposure while maintaining access to DeFi yields. The Katana DeFi Chain, known for its low fees and high throughput, will serve as the primary platform for the stablecoin's deployment. BitVault plans to expand cross-chain compatibility in the future, integrating with other major blockchain networks. The funding round included participation from prominent crypto VCs and angel investors, signaling strong market confidence in the initiative.