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Bitcoin-backed stablecoins just got real — but tax rules still point some to custodians

Summary by cryptocrunchapp.com
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. The long-awaited relaunch of Liquity v2 this month — after an unfortunate bug scuttled the first deployment — marked a major step forward for decentralized, censorship-resistant borrowing. However, it’s limited to ETH, stETH and rETH as collateral. To expand collateral options, “friendly forks” are encouraged. Two promising new Bitcoin-backed stablecoins are laun…
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cryptocrunchapp.com broke the news in on Friday, May 30, 2025.
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