Ethereum Layer 2 Mantle Rolls Out Bitcoin Pegged FBTC, MNT Price Soars 5% – CoinGape

Ethereum Layer 2 Mantle has recently introduced a new Bitcoin pegged token called FBTC, leading to a 5% increase in MNT price. This development has caused excitement in the cryptocurrency community as it provides new opportunities for users to diversify their assets. The implementation of FBTC on the Layer 2 network shows the potential for further integration of different cryptocurrencies on Ethereum’s platform. This advancement in technology has boosted the value of MNT and has sparked interest in the potential of blockchain technology to revolutionize the financial industry.