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      Xverse Introduces Self-Custodial Bitcoin Staking for Global Users

      Xverse, a provider of self-custodial Bitcoin wallets, has launched a new pooled Bitcoin staking product that allows users to earn yields in Bitcoin without relinquishing control of their assets. The staking pool became available on September 7, 2026, with rewards anticipated to begin around September 10, coinciding with Bitcoin block 966,350 and the start of Stacks reward cycle 143. Enrollment for the staking pool will close on or before September 9, or when capacity is reached.

      The staking mechanism utilizes sBTC, a Bitcoin-backed asset on the Stacks network, allowing users to pair sBTC with STX during a bonding period known as PoX-5. This innovative approach ensures that the underlying Bitcoin remains on Layer 1, under the user's control, without the need for wrapping or bridging to other chains. The product is part of the latest Xverse update, version 2.9, which is available for all users willing to download it.

      Initial participants in the staking pool include UTXO, a subsidiary of Nakamoto Inc., along with HashKey Cloud and 21shares. Xverse has previously operated what it claims to be the largest non-custodial STX stacking pool, with holdings reaching approximately 152 million STX. As new capital flows into the Xverse staking pool, it is expected to drive demand for STX, further integrating the two assets in the staking process. However, potential risks such as smart contract vulnerabilities and the requirement to hold STX may deter some Bitcoin holders.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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