Web3Port is delighted to announce a strategic partnership with TerpLayer, the leading decentralized interpreter layer for Bitcoin data. The collaboration seeks to transform the Bitcoin ecosystem by leveraging TerpLayer’s pioneering technologies and Web3Port’s extensive experience in project acceleration. It represents a significant milestone in advancing the Web3 ecosystem and tackling key challenges within the Bitcoin space.

Formerly known as Merlin Protocol, TerpLayer has undergone a rebranding process and emerged as a new entity since February 2024. With a refreshed brand design and an enhanced product matrix, TerpLayer now offers cutting-edge services to developers within the Bitcoin ecosystem as follows:

TerpLayer Indexer Oracle is a decentralized Bitcoin native asset indexer infrastructure. The TerpLayer development team ensures the accuracy, verifiability, and traceability of asset data’s historical records and balance calculations by putting Bitcoin network asset data on the chain and implementing the algorithm through smart contracts on the chain.

Terp BRC20 Adapter is a cross-chain solution that implements BRC20->ERC20 based on the Chainlink Automation framework. It securely and decentralizedly transfers BRC20 assets without the need for third-party trust, enabling BRC20 assets to participate in DeFi and other financial activities, unleashing the potential of BRC20.

TPUSD is the first BRC20/RUNE stablecoin specifically designed for the Bitcoin network, which can be stably anchored to USDT. This innovative initiative combines the liquidity and stability of USDT with the decentralization and security features of the Bitcoin network. TPUSD allows users to engage in direct, stable, and secure Bitcoin transactions on the Bitcoin network.

Since its inception, TerpLayer has forged partnerships with renowned Web3 players such as OKX and UniSat. Web3Port is thrilled to join TerpLayer’s extensive network and embark the journey of growth, disruption, and success. Such joining forces will unlock the vast potential of the partnership and create a profound impact in the realm of Web3.

About TerpLayer

TerpLayer is a data interpreter protocol operating on the Bitcoin network. Its objective is to provide high-security and scalable data access services to developers within the Bitcoin ecosystem through the integration of modular smart contracts, specialized node networks, and a universal governance mechanism.

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About Web3Port

Web3Port provides comprehensive full-cycle services and investment support for Web3 projects at all stages. With our primary market investment funds and secondary market liquidity funds, facilitating the complete lifecycle of startups, including investment, financing, management, and exit, through a one-stop Web3 accelerator platform.

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