The Reserve Bank of India (RBI) is actively advancing its central bank digital currency (CBDC), the e-rupee, toward cross-border interoperability. The initiative aims to replace slow correspondent banking models, with negotiations underway with multiple jurisdictions to establish direct CBDC bridges. The goal is to slash settlement times from days to seconds and cut transaction costs, which can currently consume up to 5% of remittance values. This move signals a major economy prioritizing programmable money and atomic settlement, highlighting the growing obsolescence of legacy systems like SWIFT.
Concurrently, the decentralized market is addressing similar scalability challenges. Bitcoin Hyper ($HYPER) is positioning itself as a key infrastructure solution by integrating the Solana Virtual Machine (SVM) into a Bitcoin Layer 2 framework. This architectural shift aims to solve Bitcoin's trade-off between security and scalability, enabling sub-second transaction processing while anchoring finality to the Bitcoin mainnet. This allows developers to build complex decentralized applications (dApps), such as high-speed DEXs and gaming platforms, using Rust, and effectively transforms Bitcoin into a programmable asset capable of high throughput.
The project has garnered significant market interest, raising over $31 million in its presale, with the token priced at $0.013675. On-chain data shows substantial whale purchases, including transactions of $500K, $379.9K, and $274K. Bitcoin Hyper's economic model includes immediate high APY staking post-Token Generation Event (TGE) and a 7-day vesting period for presale stakers to mitigate volatility.
In a related development, Tether has released open-source mining libraries targeting WhatsMiner, Avalon, and Antminer units, aiming to democratize hashrate production and optimize Bitcoin's foundational layer. This underscores the industry's broader pivot from Layer 1 optimization to Layer 2 scalability solutions to unlock Bitcoin's liquidity for DeFi.
