BitVault

BitVault is a decentralized finance protocol that issues the bvUSD stablecoin and the sbvUSD collateralized stablecoin, both of which are backed by Bitcoin derivatives. The platform operates under a licensing system, allowing only entities on a whitelist to borrow, lend, and mint these coins. Its purpose is to provide institutional-level capital efficiency, enable users to set their own interest rates, and utilize multiple asset collateralizations in order to enhance stability and liquidity.