Online reports that Bitcoin infrastructure Alpen Labs announced the launch of BTC mortgage-backed stablecoin BTD, which aims to eliminate governance, token and custody risks, and provide native benefits and security through Alpen's zero-knowledge (ZK) Rollup technology. It is reported that BTD will be completely overcollateralized with Bitcoin. Unlike other similar stablecoins, by leveraging Liquity V2's zero-governance architecture on Bitcoin ZK Rollup, Alpen Labs plans to develop BTD as a neutral protocol rather than a corporate product.