Essential Insights
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Launch of Hotstuff L1: Hotstuff Labs has unveiled its public testnet for Hotstuff L1, a DeFi Layer 1 blockchain utilizing the DracoBFT consensus protocol, designed to integrate trading, payments, and fiat rails.
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Role of Validators: Validators on Hotstuff L1 function as financial access points, providing on/off-ramps for fiat and crypto, and enabling real-time transactions by connecting various financial services.
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Strategic Collaborations: Backed by prominent investors and leading DeFi founders, Hotstuff Labs aims to create a seamless and compliant infrastructure that enhances financial transactions globally.
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Open Opportunities: The testnet is now accessible to traders, builders, fintechs, and node operators, inviting collaboration on trading, payments, and innovative financial services.
Hotstuff Labs Launches Hotstuff, a DeFi-Native Layer 1 Connecting On-Chain Trading with Global Fiat Rails
Singapore, December 5, 2025 – Hotstuff Labs unveiled the public testnet for its new DeFi-native Layer 1 blockchain, Hotstuff L1. This ambitious project utilizes DracoBFT, a specialized consensus protocol designed for efficiency.
Hotstuff L1 aims to transform conventional financial interactions. It does this by linking an efficient on-chain order book with a programmable finance routing layer. Consequently, validators play a crucial role as “last-mile gateways” that facilitate trading and payments, bridging the gap between cryptocurrency and fiat currencies.
Unlike traditional blockchains, Hotstuff L1 operates as a targeted routing layer. This innovative structure allows for real-time financial access similar to ride-sharing services like Uber. Julien Bouteloup, Founder of Stake Capital Group, remarked, “The vision is to enable validators to become active financial access points.”
Beyond simple trading functions, validators on Hotstuff can opt to serve as permissioned financial service providers. They can facilitate off-chain liquidity through stablecoin rails. This model empowers validators to offer comprehensive services, including payments and foreign exchange operations, to end users.
Deep integrations with payment platforms and banking partnerships enhance validators’ capabilities. They can now generate revenue by managing fiat on/off-ramps, supporting regional payment systems, and offering cards and local accounts.
Hotstuff matches users with specific validators based on performance and quality of service. This method employs lightweight zero-knowledge proofs to ensure secure verification for both on-chain and off-chain activities.
Vyom Sharma, Co-Founder and CEO, stated, “Hotstuff validates and delivers trustless access to money. It’s the Uber for financial validators, routing every flow to the right provider.” Sharma emphasized the chain’s vision to connect a trader in Asia with a remittance corridor in Latin America and a card issuer in Europe seamlessly.
The public testnet is now accessible for various participants:
- Traders & Quants: They can explore early trading options like perpetual and spot trades.
- Builders and Fintechs: Opportunities exist for partnering on innovative trading, payments, and settlement solutions.
- Validators & Node Operators: They can run DracoBFT nodes to assess performance and test new financial service modules.
Hotstuff Labs is set to reshape digital finance through its purpose-built DeFi Layer 1 blockchain. The project aims to create a global routing layer, designed for the future of finance, where trading and payments operate seamlessly on a single, coherent framework.
For press and partnerships, visit: Hotstuff Labs.
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