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Bitcoin Rises on STRC-Based On-Chain Ecosystem Activation Expectations, May 6

GateNews
bitcoin newsMarket AnalysisPrice VolatilityProject ProgressToken Events
BTC0,57%

According to Park Sang-hyuk, editor-in-chief of Digital Asset, Bitcoin rose on May 6 as market expectations grew around Strategy’s STRC-based on-chain ecosystem activation. STRC, a perpetual preferred share token from the world’s largest Bitcoin holder Strategy, is being positioned as collateral for DeFi platforms and stablecoins. Park noted that if STRC-based stablecoins and DeFi protocols gain traction, users could earn yields exceeding STRC’s current 11.5% dividend rate through repeated deposits and loans, though this also increases ecosystem risk.

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