GOAT Network (@GOATRollup) has partnered with BIMA (@bimabtc), adding a BTC-backed stablecoin economy to bolster GOAT’s model for sustainable BTC yield.

BIMA is building a BTC-backed stablecoin protocol that allows users to borrow against their Bitcoin while earning yield tailored to their individual risk and reward preferences. 

By integrating with GOAT Network, BIMA will enhance sustainable BTCFi solutions, enabling Bitcoin holders to access customized financial products and liquidity. Together, BIMA and GOAT Network aim to unlock the full potential of Bitcoin in decentralized finance.

“The collaboration between BIMA and GOAT Network marks an exciting step toward building a more efficient, Bitcoin-powered financial ecosystem. We’re thrilled to work together to empower Bitcoin holders with opportunities to borrow and earn yield in ways that suit their financial goals,” said Sid Sridhar, Founder of BIMA.

BIMA will launch its BTC-backed stablecoin on GOAT Network in Q1 2025, in sync with GOAT’s planned alpha mainnet launch.

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For more information on BIMA’s BTC-backed stablecoin product, visit bima.money

To learn more about GOAT Network's burgeoning ecosystem of BTCFi and infrastructure partners, visit GOAT.network

To join GOAT Network's Telegram community for all the latest news and happening in the GOAT ecosystem (and all the community rewards to come), visit the GOAT Telegram group