Ducat Protocol advances Bitcoin-native credit on Bitcoin L1

Ducat Protocol announces continued work on its Bitcoin-native credit and stablecoin system. Built on Bitcoin L1, Ducat lets users deposit BTC into non-custodial UTXO vaults via tapscript and borrow a dollar-pegged stablecoin without lenders or custodians.

The protocol is designed so borrowers keep their keys. Users deposit BTC, borrow UNIT or USDC, and can repay to reclaim Bitcoin. Public materials describe borrow against Bitcoin without giving up custody, with illustrative calculator examples on the website.

Ducat Protocol associates Mainnet Closed Alpha activity with public documentation at https://www.ducatprotocol.com/. Reviewers and institutions can find product, security, and about information on the site.

About Ducat Protocol: Bitcoin-native credit and stablecoin protocol. Built on Bitcoin L1. Contact info@ducatprotocol.com. Website https://www.ducatprotocol.com/

  bitcoin, credit, ducat-protocol, stablecoin