How does Ren BTC work?

I'm curious to understand how Ren BTC functions. Could you explain the underlying mechanism and the process involved in its operation? I'm particularly interested in how it enables the interoperability of Bitcoin across different blockchain networks. Is there a specific protocol or technology that Ren BTC utilizes to achieve this? And how does it ensure the security and stability of the transactions that occur on its platform? I'm looking forward to gaining a comprehensive understanding of how Ren BTC works.