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Fireblocks to integrate Stacks for institutional-grade Bitcoin DeFi

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 30 Views

Fireblocks to integrate Stacks for institutional-grade Bitcoin DeFi

The Bitcoin network has an average block time of about 10 minutes, which creates a challenge for decentralized finance applications.

Update (2-4-26 at 6:49 UTC): This article has been updated to show the correct Stacks block time as 5 seconds

Fireblocks, an institutional-grade crypto infrastructure company, announced on Wednesday that it will integrate Stacks, a decentralized finance (DeFi) layer for the Bitcoin protocol, to give institutional clients access to lending and yield-bearing opportunities.

The integration bypasses the 10-minute Bitcoin block time by leveraging the Stacks blockchain, which has an average block time of about 5 seconds, a Stacks spokesperson told Cointelegraph.

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