Into The Great Beyond: RunesTerminal x Beyond

It’s the most exciting era of Bitcoin since its inception — the  Bitcoin Renaissance. Advances in the Bitcoin protocol’s tech have created new utility and opportunity that promises to extend Bitcoin way beyond, way way beyond, its original use case. A whole generation of incredible developers have devoted themselves to improving upon Nakamoto’s original vision, and the progress is clear for all to see. 

With the advent of Runes, Bitcoin now has the native capability to act as a substrate for DeFi and, with the right infrastructure, a new tidal wave of liquidity is poised to be unleashed that will evolve Bitcoin from a simple store-of-value to an instrument of financial change. Central to this is building the apparatus that lets liquidity from every corner of the cryptosphere flood into these new opportunities. To take Bitcoin beyond its potential, we need to look beyond its own ecosystem.

That’s where Beyond, a native omnichain interoperability protocol for Bitcoin L1, begins. Beyond’s mission is to mint the largest stablecoin and blue-chip crypto assets (USDT, USDC, ETH, SOL…) directly on the Bitcoin chain itself, through the use of Runes and BRC-20 tokens. In doing so, they will create the liquidity conditions for investment in BTCFi to take off, by giving all crypto users an easy portal to deploy their crypto assets into the latest and greatest Bitcoin technologies.

Connected by LayerZero to the entire blockchain landscape, Beyond lets users bridge assets safely and bi-directionally into and out of the Bitcoin ecosystem. It offers native token support, native protocol support, and multi-standard support — seamlessly connecting EVM liquidity to the Bitcoin ecosystem and giving users the choice about how and where to deploy their assets. Cross-chain interoperability means users can take their assets from ARB to ETH to BTC L1 in just a few short clicks, and out again just as fast.

Using Runes to mint representative assets natively on Bitcoin is an essential piece of infrastructure for Bitcoin and a brilliant use case for the Runes protocol itself. We at BtcTerminal are therefore delighted to offer our experience and support to help Beyond achieve this goal. As the nexus point of Bitcoin innovation, RunesTerminal has the greatest mindshare in the space working directly on improving Runes everywhere and for everyone, and our collaboration with Beyond is no exception. 

We recognise the vital importance of letting the broader crypto liquidity base plug directly into Bitcoin L1, and the current difficulties associated with it. Through working together, we can bring liquidity in from beyond Bitcoin through Beyond — and we are delighted to be a part of that process. It’s not just about bringing liquidity into the Bitcoin ecosystem, but allowing native Bitcoin assets like $ORDI and $SATS to benefit from enhanced interoperability and giving them a route to exist on protocols like Aave and Uniswap, massively boosting both their utility and their value.

There is an exciting community of developers working on Beyond, all of whom recognise what an important moment in Bitcoin’s history we are entering. RunesTerminal’s team stands ready to support them in their quest, add our know-how, and help them deliver assets from every blockchain in runic form on Bitcoin L1. We are about to take Bitcoin further than we ever have before and, in our partnership with Beyond, there’s no telling just how far we can go.