Rootstock
EVM-compatible smart contracts platform base on Bitcoin
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Project Overview
Rootstock is a EVM-compatible smart contracts platform base on Bitcoin.Rootstock aims to extend the functionality of Bitcoin to enable smart contracts without compromising its core layer, and enable the permissionless construction of Bitcoin DeFi protocols. Rootstock Infrastructure Framework (RIF) RIF solutions for payments, identity, marketplaces and more
Binance Will Support the Rootstock Infrastructure Framework (RIF) Network Upgrade and Hard Fork
According to the official announcement, Binance will support the RIF Network upgrade and hard fork. Deposits and withdrawals of tokens on the Rootstock Infrastructure Framework (RIF) network will be suspended starting at 17:00 on May 4, 2026. The network upgrade and hard fork will occur at block height 8,804,200, approximately at 18:00 on May 4, 2026. Once the upgraded network stabilizes, deposits and withdrawals of tokens on this network will resume.
Paystand Launches USDb, a Stablecoin Built on the Bitcoin Ecosystem
According to Businesswire, Paystand, a blockchain-based B2B payment network, has announced the launch of USDb, a stablecoin built on the Bitcoin ecosystem. USDb is backed 1:1 by U.S. dollar reserves and is natively deployed on the Bitcoin sidechain Rootstock, while also being compatible with the Liquid Network and the Bitcoin Lightning Network. Notably, USDb is primarily designed for traditional corporate finance use cases, including accounts receivable/payable, cross-border payroll, and treasury management.
Related news
Binance Will Support the Rootstock Infrastructure Framework (RIF) Network Upgrade and Hard Fork
According to the official announcement, Binance will support the RIF Network upgrade and hard fork. Deposits and withdrawals of tokens on the Rootstock Infrastructure Framework (RIF) network will be suspended starting at 17:00 on May 4, 2026. The network upgrade and hard fork will occur at block height 8,804,200, approximately at 18:00 on May 4, 2026. Once the upgraded network stabilizes, deposits and withdrawals of tokens on this network will resume.
Paystand Launches USDb, a Stablecoin Built on the Bitcoin Ecosystem
According to Businesswire, Paystand, a blockchain-based B2B payment network, has announced the launch of USDb, a stablecoin built on the Bitcoin ecosystem. USDb is backed 1:1 by U.S. dollar reserves and is natively deployed on the Bitcoin sidechain Rootstock, while also being compatible with the Liquid Network and the Bitcoin Lightning Network. Notably, USDb is primarily designed for traditional corporate finance use cases, including accounts receivable/payable, cross-border payroll, and treasury management.