Ducat Protocol is a Bitcoin-native credit and stablecoin protocol built on Bitcoin Layer 1. It is designed to provide Bitcoin holders with access to dollar-denominated liquidity while retaining custody of their BTC.
holders can face a difficult choice when they need liquidity: sell BTC or seek financing elsewhere. Ducat Protocol is built around a different approach—using Bitcoin as the foundation for access to dollar-denominated liquidity while preserving Bitcoin custody. The goal is to make Bitcoin-backed credit more accessible, transparent, and aligned with Bitcoin-native infrastructure.
and wants access to liquidity without simply selling the underlying asset. 2. BTC-backed credit The protocol is designed around borrowing dollar-denominated liquidity against BTC. 3. Stablecoin infrastructure Ducat connects credit activity with stablecoin infrastructure built for the Bitcoin ecosystem. 4. Bitcoin-native settlement The system is designed with Bitcoin Layer 1 at its foundation.
asset for credit access. Dollar Liquidity Borrowing is denominated around dollar-valued liquidity. Stablecoin Infrastructure Designed to support stable-value liquidity within the Bitcoin ecosystem. Bitcoin L1 Built with Bitcoin Layer 1 as the core settlement foundation.
digital asset and settlement network. Credit infrastructure built specifically around Bitcoin can help unlock additional utility for BTC holders. A Bitcoin-native model can focus on: • Using BTC as productive collateral • Expanding access to dollar-denominated liquidity • Supporting stable-value financial applications • Keeping Bitcoin at the center of the financial architecture
and stablecoin infrastructure in one Bitcoin-native framework. The proposition is straightforward: Access liquidity. Keep Bitcoin at the core. Build on Bitcoin Layer 1. The protocol is designed to help turn BTC ownership into access to useful financial liquidity without making a simple sale of BTC the only path.
for a growing Bitcoin financial ecosystem. Its focus brings together: Bitcoin Layer 1 • Credit • Stablecoin infrastructure • BTC-backed liquidity The long-term vision is to make Bitcoin-backed financial utility easier to access while keeping Bitcoin central to the system.