New Hampshire’s $100M Bitcoin Bond Opens $140T Debt Market

Key Points:

New Hampshire has introduced a $100M Bitcoin-backed municipal bond, integrating Bitcoin into the global $140T debt market.
The state allows up to 5% of public funds in Bitcoin, indicating a shift towards using crypto as long-term collateral.
Bitcoin Hyper is developing a fast, Solana Virtual Machine-powered Bitcoin Layer 2 to facilitate efficient asset movement across DeFi and institutional platforms.
The project has raised $28M, with staking at 41%, positioning itself for utility in Bitcoin's evolving bond and reserve landscape.
This development signals a move towards using Bitcoin as both a reserve asset and working collateral at state levels.
Bitcoin Hyper aims to provide infrastructure supporting dApps, DeFi, NFTs, and gaming, enhancing the functionality of Bitcoin as collateral.

Bitcoin Laws’s X post announcing the passing of the Bitcoin Reserve Bill HB302.

Implications:

This strategy integrates Bitcoin into traditional financial systems, potentially elevating its role in fixed income markets.
Fast and secure transaction layers are crucial for Bitcoin's function as institutional-grade collateral.
Bitcoin Hyper seeks to address these transactional needs by offering a programmable and high-throughput environment.