MAP Protocol announces strategic transformation into a full-chain infrastructure focused on Bitcoin, stablecoins and tokenized asset exchange

By: odaily.com|2025/07/11 13:31:37

0

Share

copy

Odaily News According to the official announcement, MAP Protocol announced its new strategic vision to transform into a full-chain infrastructure focused on Bitcoin, stablecoins and tokenized asset exchanges. This transformation is aimed at responding to the cross-chain exchange demand brought about by the surge in the scale of Bitcoin held by institutions and the stablecoin market exceeding $200 billion.
The protocol uses light client technology and MPC threshold signature scheme to achieve decentralized real-time asset swaps between the Bitcoin mainnet and public chains such as Ethereum and BNB Chain. Its front-end platform Butterswap currently processes an average of $170 million in stablecoin transactions per month, and will expand support for cross-chain swaps of legal stablecoins such as the Korean won and Hong Kong dollar in the future.

-- Price

You may also like

a16z Crypto: What We See Behind the $2.2 Billion New Fund

a16z Crypto: What We See Behind the $2.2 Billion New Fund

After the noise subsides, what remains is often more useful than it appeared at its peak and more enduring than it seemed at its lowest point.

Web3 is dead, Web2+3 should rise

Web3 is dead, Web2+3 should rise

We are not aiming to hold a self-indulgent party for Web3 practitioners, but rather to build a bridge for rational connection between Web2 and Web3.

Stablecoins and Latin American Remittances: The Misunderstood $174 Billion Market

Stablecoins and Latin American Remittances: The Misunderstood $174 Billion Market

In the Latin American remittance market, the real protagonists have never been the young people speculating on cryptocurrencies, but rather the 50-year-old workers who send money to their mothers every month. They don't care about blockchain; they only care about whether the money has arrived.

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets

Hong Kong judiciary landmark: The court officially recognizes cryptocurrency as legal property and introduces the "tokenized injunction" to track and freeze involved funds, comprehensively upgrading the protection of digital asset investors.

Track Markets At a Glance: New WEEX Price Widgets for iOS & Android

Track Markets At a Glance: New WEEX Price Widgets for iOS & Android

To streamline your market data access, WEEX has officially launched "Market Watchlist" desktop widgets

The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance

The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance

Warning of nearly $1 billion loss in DeFi: Security pain points have shifted from code vulnerabilities to permissions and operations. Introducing TradFi bank-level risk control and AI defenses is the way to balance openness and security.

A Brief Analysis of Stablecoin Licenses and On-Chain Funding

A Brief Analysis of Stablecoin Licenses and On-Chain Funding

Hong Kong accelerates the layout of digital finance, providing a panoramic analysis of the evolution of three major on-chain financial forms: central bank digital currency, deposit tokens, and stablecoins, along with future opportunities.

BVNK Founder: Three Stages of Stablecoin Development

BVNK Founder: Three Stages of Stablecoin Development

Once payments become faster, cheaper, and globally interconnected, stablecoins will not just open up a new market, but a new realm with boundaries that are not yet visible today.

The truth about Trump's son's Bitcoin game: he made a staggering $100 million while retail investors lost $500 million

The truth about Trump's son's Bitcoin game: he made a staggering $100 million while retail investors lost $500 million

The Trump family has a family skill: to exaggerate and make something sound bigger than it actually is.

What Is Futures Trading? Hours, Platforms, and How to Start Trade Futures(2026 Guide)

What Is Futures Trading? Hours, Platforms, and How to Start Trade Futures(2026 Guide)

Learn how to start futures trading, understand trading hours, and choose the best futures trading platform. Includes real data, strategies, and ways to maximize returns with rebates.

The Rise of Composable RWA

The Rise of Composable RWA

27 billion RWA funds are undergoing a major reshuffle: U.S. Treasury bonds are "cooling off," while high-yield credit assets are quietly dominating the DeFi lending market with permissionless designs. This article reveals the explosive logic behind composable RWA.

MAGA Up 350% in 24 Hours, PEPE Up 46% in One Day: Which Memecoins Are Next in 2026?

MAGA Up 350% in 24 Hours, PEPE Up 46% in One Day: Which Memecoins Are Next in 2026?

MAGA +350% in 24hrs. PEPE +46% in one day. RAVE +4,500% then -90%. In 2026's memecoin market, the gains are real. So are the traps? Here's how to tell the difference before you buy.

RCD Espanyol vs Real Madrid: Can the Pericos Delay the Inevitable?

RCD Espanyol vs Real Madrid: Can the Pericos Delay the Inevitable?

RCD Espanyol vs Real Madrid lineups, standings, and stats for May 3, 2026. Real Madrid visits RCDE Stadium as Barcelona closes in on the LALIGA title. Full preview inside.

MegaETH goes live with an FDV exceeding 2 billion USD. Which ecological projects are worth paying attention to?

MegaETH goes live with an FDV exceeding 2 billion USD. Which ecological projects are worth paying attention to?

The financing and team backgrounds of many projects in the MegaETH ecosystem are rich, making it the most prosperous ecosystem among unlaunched public chains, and it is currently the focus of attention for profit-seekers.

Dialogue with "Wood Sister" Cathie Wood: The next bull market is about to arrive

Dialogue with "Wood Sister" Cathie Wood: The next bull market is about to arrive

The correlation coefficient between gold and Bitcoin is only 0.14. In the past two cycles, gold started before Bitcoin, and this time is no different.

Can prediction markets win the competition for perpetual contracts?

Can prediction markets win the competition for perpetual contracts?

Polymarket and Kalshi have entered the perpetual contract arena. In the face of Hyperliquid's "cross-margin" dimensional reduction attack, can the prediction market break the curse of loss and turn the tide?

Who is trading on Trade.xyz?

Who is trading on Trade.xyz?

A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...

Binance quietly placed a bet on a leading large model company

Binance quietly placed a bet on a leading large model company

In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.

a16z Crypto: What We See Behind the $2.2 Billion New Fund

After the noise subsides, what remains is often more useful than it appeared at its peak and more enduring than it seemed at its lowest point.

Web3 is dead, Web2+3 should rise

We are not aiming to hold a self-indulgent party for Web3 practitioners, but rather to build a bridge for rational connection between Web2 and Web3.

Stablecoins and Latin American Remittances: The Misunderstood $174 Billion Market

In the Latin American remittance market, the real protagonists have never been the young people speculating on cryptocurrencies, but rather the 50-year-old workers who send money to their mothers every month. They don't care about blockchain; they only care about whether the money has arrived.

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets

Hong Kong judiciary landmark: The court officially recognizes cryptocurrency as legal property and introduces the "tokenized injunction" to track and freeze involved funds, comprehensively upgrading the protection of digital asset investors.

Track Markets At a Glance: New WEEX Price Widgets for iOS & Android

To streamline your market data access, WEEX has officially launched "Market Watchlist" desktop widgets

The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance

Warning of nearly $1 billion loss in DeFi: Security pain points have shifted from code vulnerabilities to permissions and operations. Introducing TradFi bank-level risk control and AI defenses is the way to balance openness and security.

Contents

Popular coins

Latest Crypto News

02:42

Data: If BTC falls below $77,347, the cumulative long liquidation intensity on mainstream CEX will reach $2.191 billion

According to Coinglass data, if BTC falls below $77,347, the cumulative long liquidation intensity on major CEXs will reach $2.191 billion. Conversely, if BTC breaks above $84,912, the cumulative short liquidation intensity on major CEXs will reach $1.584 billion.

02:42

Data: If ETH falls below $2,253, the cumulative long liquidation intensity on major CEXs will reach $1.036 billion

According to Coinglass data, if ETH falls below $2,253, the cumulative long liquidation intensity on major CEXs will reach $1.036 billion. Conversely, if ETH breaks above $2,488, the cumulative short liquidation intensity on major CEXs will reach $994 million.

01:42

Data: BTC total network contract open interest increased by 5.82% in 24 hours

According to Coinglass data, the total contract open interest for BTC has increased by 5.82% in the past 24 hours, with a current total open interest of 64.755 billion USD. Among them, Binance's open interest is 11.922 billion USD, OKX's open interest is 3.711 billion USD, Bybit's open interest is 5...

01:42

Analysis shows that approximately 9% of HYPE's circulation is held by DAT, and the ETF is expected to strengthen price support

Market analysts point out that DAT (Digital Asset Treasury/Asset Management Vehicle) in the Hyperliquid ecosystem currently holds about 9% of the circulating supply of HYPE, a higher proportion than similar structures of mainstream assets such as BTC, ETH, SOL, and BNB. The analysis suggests that DA...

00:42

IREN acquires Mirantis for $625 million in an all-stock deal, accelerating its transformation into an AI cloud platform

According to The Block, Bitcoin mining company IREN Limited has agreed to acquire cloud infrastructure software company Mirantis for approximately $625 million in an all-stock transaction to enhance its AI cloud business layout.This acquisition will bring critical software and "orchestration" capabi...