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Lombard Launches Yield-Bearing Bitcoin Asset LBTC on the Solana Network

By: theblockbeats.news|2025/08/28 15:12:18

BlockBeats News, August 28, the Bitcoin DeFi protocol Lombard launched the yield-bearing Bitcoin asset LBTC on the Solana network.

LBTC is an SPL token issued by Lombard, fully backed by Bitcoin and secured by a decentralized validator network, while providing real-time proof of reserves. LBTC has been launched on the Ethereum, Base, and Sui networks, with a circulating supply of $1.5 billion.

USD.AI is partnering with Plasma to increase the deposit limit for USDT.

Mitosis has started an airdrop for claiming.