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Home/News Feed/Stacks leads Bitcoin layer-2 usage with $400M BTC moved via Proof-of-Transfer, backed by Bitfinex.
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Stacks leads Bitcoin layer-2 usage with $400M BTC moved via Proof-of-Transfer, backed by Bitfinex.

Protocol Fundamentals
09 Aug 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Stacks, a Bitcoin layer-2 protocol enabling smart contracts, ranks first in Bitcoin usage according to Bitfinex. The protocol has moved over 4,000 BTC (around $400 million) through its Proof-of-Transfer consensus mechanism since 2021, with more than 5,000 BTC deposited in its native Bitcoin-backed asset, sBTC. Bitfinex supports Stacks beyond listing its STX token by acting as a network signer, enhancing security and liquidity. This highlights growing institutional interest in Bitcoin layer-2 solutions and the potential for more native Bitcoin DeFi applications.

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