bitSmiley revealed in a common AMA

Luffy

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According to Foresight News, bitSmiley revealed in a common AMA with Unisat that it'll share in initiating a new protocol offer to support BRC20 minting and burning functions. The BRC20 protocol is listed to complete its rearmost upgrade at block height 837090, with the factual upgrade time to be verified by the development and delivery platoon.

After the upgrade, BRC20 will support minting and burning functions. This upgrade will give comprehensive structure support for BRC20 stablecoins. BitSmiley will integrate its stablecoin bitUSD into the upgraded BRC20 to unleash lesser Bitcoin asset eventuality. Meanwhile, Unisat and Unisat exchange will also support trading of bitUSD and other BRC20 means.