MAP Protocol announces strategic transformation towards a full chain infrastructure focused on Bitcoin, stablecoins, and tokenized asset exchanges

According to official announcements, MAP Protocol has announced its new strategic vision to transform into a full chain infrastructure focused on Bitcoin, stablecoins, and tokenized asset exchanges. This transformation aims to respond to the surge in institutional holdings of Bitcoin and the cross chain exchange demand brought about by the stablecoin market breaking through $200 billion. This protocol adopts lightweight client technology and MPC threshold signature scheme to achieve decentralized real-time asset exchange 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 its support for cross chain swaps of fiat stablecoins such as Korean won and Hong Kong dollar in the future.