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BTC 
STX Stacking DAO announces the launch of stBTC: Bitcoin Liquid Pledge Solution for the Stacks Ecosystem
July 8, 2026, New York, New York, USA-Stacking DAO today announced the launch of stBTC, a liquid pledge version built on Bitcoin and designed for Stacks \'upcoming Bitcoin pledge feature. stBTC will allow Bitcoin holders to earn income through pledges while maintaining liquidity and flow freely in the Stacks ecosystem at any time.
Bitcoin is the largest pool of funds in the digital economy, but most of it is currently idle. Only a small portion of the Bitcoin supply is effectively utilized in on-chain financial activities, with the rest held in custodians, exchange-traded funds and treasuries. Stacking DAO launched stBTC to bridge this gap and provide Bitcoin holders with a native path for capital to work.
stBTC is a key bridge connecting Bitcoin revenue earning and capital utilization. Holders will be able to simultaneously pledge Bitcoin and participate in Bitcoin\'s native financial activities without having to choose between the two.
Tycho Onnasch, a core contributor to Stacking DAO, said: \"Bitcoin has never really had its own pledge economy, and the stBTC used to pledge Bitcoin on Stacks is our response to this gap. Holders can earn bitcoin gains while maintaining capital liquidity and continue to use this asset in the Stacks ecosystem for additional returns.\"
stBTC represents BTC bound to the Stacks Bitcoin Pledge System, where holders are expected to receive a basic annualized return of approximately 3%, based on the initial parameters of the agreement. The underlying bitcoin remains locked in bonds and is completely secured by bitcoin, while stBTC itself remains liquid and transferable.
This liquidity is the key. Holders can choose to only pledge and obtain basic income while still holding Bitcoin. On this basis, stBTC can flow into various financial applications already running on Stacks, including lending platforms such as Zest Protocol and trading pools such as BitFlow, while the underlying income continues to accumulate. According to DeFiLlama, US$121 million in active capital has been deployed in the Stacks protocol, led mainly by Zest Protocol, Granite and Stacking DAO. stBTC brings a new Bitcoin capital portal to this ecosystem.
stBTC is also completely based on Bitcoin in architectural design. The Stacks network uses the \"proof of transmission\" mechanism to settle activities on Bitcoin, obtains 100% Bitcoin computing power support, and directly reads Bitcoin status without the need for a oracle or trusted relay. This is completely different from the previous practice of packaging Bitcoin across chains and introducing it to DeFi through centralized custodians. stBTC retains Bitcoin\'s own decentralization, settlement mechanism and security.
Its revenue model is designed to go beyond the initial start-up phase. Fees generated by STX-driven economic activities on Stacks are used to pay miners \'rewards. Miners earn these fees and ensure network security by spending bitcoins, and these bitcoins eventually flow back to the pledgee pool, forming basic income. As more capital flows through the ecosystem, earnings will gradually shift from relying on token issuance to relying on real economic activities.
Stacking DAO has a good foundation for bringing stBTC to the market. The team has been operating STX pledge infrastructure for more than two years and managed a peak of pledged capital of over US$150 million for more than 40,000 pledgers without any security incidents. This track record makes Stacking DAO the team currently building a liquid pledge layer for Bitcoin on Stacks.
stBTC is expected to be launched before the official release of Stacks Bitcoin pledge feature. Bitcoin holders will then be able to pledge BTC, obtain stBTC, and start earning income directly through Stacking DAO.
About Stacking DAO
Stacking DAO is Stacks, an important force leading the STX pledge infrastructure in the Bitcoin L2 ecosystem.
About Stacks
Stacks is a leading Bitcoin layer based on BTC deployments, providing the infrastructure for the growing number of bitcoin-native applications. The network supports a series of bitcoin-native financial applications, from lending to autonomous AI agents, and all transactions are settled ultimately in bitcoin.
