Alpen Bitcoin Dollar (BTD) Pre-launch Stablecoin Tracker

BTD

Pre-launchPharos hasn't ingested data for this one yet.Announced

Pharos can still tell you how this asset is supposed to work, when it expects to launch, and what sources to watch. Live market, peg, liquidity, and safety surfaces activate only after the first post-launch data sync.

Full launch status and history

Alpen announced BTD on May 8, 2025 as a BTC-only Liquity V2-derived stablecoin intended for immutable deployment on its Bitcoin ZK rollup. Its January 5, 2026 recap reiterates the deposit-BTC, set-interest, mint-BTD design. Alpen launched platform Testnet III on Bitcoin Signet on July 28 for partner integrations; its September 24 USDC/CCTP announcement still makes availability conditional on mainnet launch. These platform milestones do not establish a BTD deployment or token audit. No dated BTD launch window or official token contract is established.

At a Glance

Backing: Crypto-Collateralized
Governance: Decentralized (DeFi)
Peg Currency: US Dollar

Launch Alert

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Activity Timeline

Sep 24, 2026Partnership

Alpen announces USDC and CCTP for future mainnet

Alpen says both will be available when mainnet launches. This platform partnership does not announce BTD issuance or a BTD launch date.

Source

Jul 28, 2026Milestone

Alpen launches partner-integration Testnet III on Bitcoin Signet

More than 21 platform partners are integrating ahead of mainnet; no BTD production deployment is announced.

Source

Jan 5, 2026Milestone

Alpen recap reiterates BTD design and platform testnets

The recap describes the intended borrowing flow; platform testnets and infrastructure audits do not confirm a BTD token launch.

Source

May 8, 2025Announcement

Alpen announces Bitcoin Dollar built from Liquity V2

BTC-only collateral, no governance and immutable code are announced design goals, not verified deployed controls.

Source

Planned BTC-only Liquity V2 dollar on Alpen

Alpen announced Bitcoin Dollar in May 2025 as a BTC-only, overcollateralized debt token built from Liquity V2 for its Bitcoin ZK rollup. The January 2026 recap describes the intended flow: deposit BTC, choose an interest rate and mint BTD. Immutable code and no governance remain stated design goals, with BTC/USD oracle providers intended to be fixed at deployment. No exact BTD production contract, executable redemption route or deployed liquidation and backstop evidence is established. Alpen platform testnets and infrastructure audits do not establish a BTD token launch or audit.

Updated October 2, 2026