The decentralized finance (DeFi) landscape continues to evolve, and Bitcoin-centric solutions are gaining momentum. BTCFi is an emerging sector that transforms Bitcoin (BTC) from a passive store of value into an actively utilized asset in DeFi.
A new report by Cointelegraph Research and Elastos delves into how Bitcoin’s security helps to create trustless, scalable financial ecosystems.
Read a full version of the report hereBitcoin’s expanding role in DeFi
DeFi has traditionally been dominated by Ethereum, which accounts for over 50% of the sector’s total $175 billion total value locked (TVL). However, Bitcoin’s strong security and liquidity make it an attractive foundation for DeFi innovation.
Despite its strengths, Bitcoin’s lack of native smart contract functionality has historicall ..
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