MAP Protocol, the omnichain layer of Web3, has released the BRC-201 cross-chain standards for BRC-20 token transfer, and will soon launch the blockchain explorer and indexing library API service for BRC-20. This cross-chain standard is compatible with BRC-20 to enhance scalability, especially for bridging BRC-20 tokens to smart contract-supporting chains like Ethereum, BNB Chain, NEAR, etc., thereby enabling the integration of BRC-20 assets into DeFi and other financial scenarios and applications.
BRC-201 is a decentralized cross-chain standard protocol for BRC-20, and the enhanced indexer supporting BRC-201 can parse additional extension operations. It also supports the integration of BRC-20 assets into DeFi and other financial scenarios and applications after cross-chain. In the future, it will also add support for NFTs in the BTC ecosystem.