@AlpenLabsi
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Financial markets on Bitcoin. Borrowing, lending, yield and more — soon on Bitcoin.
Joined December 2022
- Tweets934
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- Followers8.9K
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Alpen retweeted
Hold BTC. Borrow USDC?
@AlpenLabs, which disclosed $19.1M in funding, plans to bring @circle's USDC and CCTP to its Bitcoin platform at mainnet launch.
The promise: dollar liquidity without selling BTC. 💰blockster.com/alpen-is-bring…
Alpen retweeted
It’s happening.
@USDC is coming to Bitcoin on @AlpenLabs.
CIRCLE’S $USDC IS COMING TO BITCOIN THROUGH ALPEN
Alpen is partnering with Circle to bring native, Circle-issued USDC and CCTP to its Bitcoin financial system when mainnet launches.
The integration will allow BTC holders to borrow, lend and trade using regulated dollar stablecoin liquidity without selling their Bitcoin or moving it to another network.
CCTP will connect Alpen with other supported networks, enabling USDC to move cross-chain without wrapped representations for swaps, payments and treasury rebalancing.
Alpen retweeted
> the largest regulated stablecoin, $74B
> issued by an OCC-chartered company
> launching on bitcoin
> bringing dollars to BTC's financial markets on Alpen
> for institutions & individuals looking to do finance with BTC
ty for coming to my ted talk
USDC is coming to Bitcoin — through Alpen, in partnership with @circle.
Circle-issued dollar stablecoins for Bitcoin’s financial system, enabling BTC holders to borrow, lend, and trade without leaving Bitcoin behind.
Alpen retweeted
native USDC
composable with BTC
settled on bitcoin
USDC is coming to Bitcoin — through Alpen, in partnership with @circle.
Circle-issued dollar stablecoins for Bitcoin’s financial system, enabling BTC holders to borrow, lend, and trade without leaving Bitcoin behind.
Alpen retweeted
This is native USDC on Bitcoin. Full support from Circle with their Mint & CCTP.
USDC is coming to Bitcoin — through Alpen, in partnership with @circle.
Circle-issued dollar stablecoins for Bitcoin’s financial system, enabling BTC holders to borrow, lend, and trade without leaving Bitcoin behind.
Access regulated dollar stablecoin liquidity without selling your Bitcoin or moving it to another network.
CCTP will connect Alpen to other CCTP networks, enabling crosschain use cases, like swaps, payments, treasury rebalancing, and more.
Read more: alpen.org/blog/usdc-is-comin…
Alpen retweeted
This paper builds off work from @liameagen and ourselves at @AlpenLabs.
• GC's [1] enabled BitVM3.
• Argo [2] and Duty Free Bits [3] were optimizations.
This paper beings all of them together.
[1] eprint.iacr.org/2025/1485
[2] eprint.iacr.org/2026/049
[3] eprint.iacr.org/2026/476
Our latest research reduces the offchain data required for garbled Groth16 verification on Bitcoin by more than 99.99%.
48 GB → under 2 MB.
eprint.iacr.org/2026/2100
Our latest research reduces the offchain data required for garbled Groth16 verification on Bitcoin by more than 99.99%.
48 GB → under 2 MB.
eprint.iacr.org/2026/2100
This is the smallest end-to-end Groth16 garbling design tailored for Bitcoin bridges, complete with a formal security analysis and a research implementation.
Read more about Garbling Groth16 with Native Group Operations: alpen.org/blog/shrinking-off…
Alpen retweeted
your priors about safe bitcoin custody will be challenged in ways you probably cannot fathom
that includes HSMs, regulated custodians, and even some self-custody workflows.
we had to revisit every part of alpen’s protocol & code to ensure it’s designed for the AI-Cyber era
Alpen retweeted
Something we never formally announced, but have worked on for years: Strata.
It's the best solution to scaling Bitcoin (imo).
--
Everyone has an opinion on scaling: soft forks, payments, big blocks, EVM, Simplicity, DeFi, privacy, do nothing, etc.
The movement has outgrown a single answer. Fortunately, Strata can satisfy almost everyone at once.
At its core, Strata is a shared bridge. A public good anyone can tap into.
No change to Bitcoin required (though one wouldn't hurt). No EVM requirement. No new token.
How it works, simply:
Any scaling solution (we call them domains) can open a "ZK account" on Strata holding a BTC balance. Periodically it submits a ZK proof: "My scaling solution changed a bunch of user balances, here's unforgeable math showing I'm not lying."
Strata verifies, updates the balance. Users on any domain can bridge in and out as they please.
That's the whole requirement. Produce a valid ZK proof. Fortunately, ZK proofs are absurdly flexible, you can prove any computation. A privacy protocol, big blocks, micropayments, Simplicity, Ark. Literally whatever you want.
We use it ourselves at @AlpenLabs: users do EVM stuff on our rollup Alpen → we generate a ZKP → updates our balance on Strata → settles to Bitcoin via Glock ("BitVM3 / Garbled Circuits").
Anyone else can do the same without ever touching Alpen. Full agency per domain: design your own VM, your own throughput trade-offs, your own sequencing.
The best part is design choices from one team don't leak into anyone else's. So, if you hate the EVM, that's fine, don't use it. Build or use whatever you prefer, use the bridge as a public good.
If different domains want to inter-op or share resources they can. But they don't have to!
It's a really elegant design.
--
For the technical crowd: Strata is a rollup on Bitcoin, so there is a Sequencer and DA element. The DA is very minimal because the big DA costs are decided by the individual domains. One domain can settle DA to Bitcoin, another could use a federation. The only DA Strata requires is posting the balances for each ZK Account (quite small), not the full state for each domain.
Honest gotchas, for now: Strata's sequencer is a single entity today (decentralizing it is on the roadmap, nothing in the design prevents it).
The bridge carries Glock's 1-of-N trust assumption: one honest participant prevents theft
Not perfect. But strictly less trust than every wrapped BTC in existence.
--
We have a high level visual here: alpen.org/#architecture
Or you can check out the video explainer in the quote tweet.
👨🏻🏫 New Bitcoin Whiteboard - How to bring any scaling solution to Bitcoin
Chapters
00:00 Bitcoin Scaling
02:00 ZKP's & Glock
08:00 SNARK Accounts
11:00 Strata as Orchestration Layer
15:10 Custom Execution Domains
17:37 Future Roadmap
This video is larger than Cloudflare's 512 MB cache, so it can't be played through. More donations are needed to cover a larger cache. Donate
Alpen retweeted
Winternitz signatures now work with garbled circuits.
Antichain Winternitz gives researchers a new version of a classic tool that's:
→ Post-quantum secure
→ More efficient than Lamport
→ Free of the interactivity that constrains adaptor signatures
Alpen retweeted
but coinbase's value from base is not just sequencer REV anymore
it's become a financial-product monetization story
base's REV over last 3 months (~$10M) is ballpark same as the origination fees made by coinbase on their btc-backed borrow product powered thru base
Crazy stat of the day:
@RobinhoodApp Chain is the #1 @ethereum L2 by blockchain revenue, in just its first full month of being live 🤯
Robinhood Chain generated $3.6M in July revenue, ahead of notable names like @0xPolygon ($2.7M) and @base ($2.1M).
Even crazier: Robinhood Chain alone accounted for 38% of ALL L2 revenue in July!
Winternitz signatures now work with garbled circuits.
Antichain Winternitz gives researchers a new version of a classic tool that's:
→ Post-quantum secure
→ More efficient than Lamport
→ Free of the interactivity that constrains adaptor signatures
Antichain Winternitz is a research project by @mukeshdroid and Aaron Feickert at Alpen Labs.
github.com/alpenlabs/anticha…
Christian Lewe (@uncomputab1e) explained the signature scheme at @btcplusplus.
nitter.cf/matthewvuk2/status/207…
Christian Lewe (@uncomputab1e) breaking down signature schemes.
Lamport, Winternitz and Adaptors are three distinct approaches to signatures. I’m starting to see their categorical differences, but all are used in bridges.
🎬 exclusive premiere of “Antichain-Winternitz” sigs