StarkNet Launches RUNE, a 1:1 Collateral Asset with USDC

Source
Uk Jin

Summary

  • StarkNet announced the launch of RUNE, a 1:1 collateral asset with USDC.
  • They stated that RUNE is expected to function similarly to a stablecoin on the Bitcoin network.
  • With the use of RUNE, Bitcoin users will be able to easily access other assets.

On the 28th (KST), StarkNet (STARK) announced via X (formerly Twitter) that they are launching a new asset called RUNE.

According to StarkNet, RUNE acts like a stablecoin issued on the Bitcoin (BTC) network, with a 1:1 collateral ratio with USDC.

StarkNet stated, "Bitcoin users have always found it difficult to access external assets due to security and decentralization characteristics," adding, "With RUNE, it will become easier to access assets other than Bitcoin."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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