Aspen Digital’s latest research dives into the mechanics, momentum, and market potential of sBTC, the Bitcoin-backed asset driving DeFi activity on Stacks. Drawing on data from recent deposit caps, protocol growth, and rising institutional participation, the report outlines why sBTC is becoming one of the most credible tokenized Bitcoin assets in the market today.

Looking ahead, the report explores key developments on the horizon. With multi-chain expansion underway, self-custodial sBTC in progress, and institutional signers helping secure the network, Aspen sees significant growth for the Stacks ecosystem.

Check out the full report for a deeper look at where Stacks is heading next: