Ducat Protocol
Bitcoin-native credit: borrow a dollar-pegged stablecoin against BTC without giving up custody.
Ducat Protocol is a bitcoin-native monetary and credit system. Lock BTC in UTXO vaults via tapscript and borrow a dollar-pegged stablecoin without lenders or custodians.
What Ducat Protocol does
- Borrow a dollar-pegged stablecoin against BTC
- Non-custodial Taproot/UTXO vaults
- Bitcoin L1 settlement
- No lenders or custodians
- Self-custody credit