Coin Edition
2023-04-24 13:47:00

Cardano Introduces Wrapped BTC on Testnet to Enhance DeFi Access

Today, Cardano announced cBTC, its Wrapped Bitcoin token, on the Cardano testnet. The development team behind the project is striving to lure Bitcoin (BTC) users into the burgeoning Cardano DeFi ecosystem. Utilizing Cardano’s anetaBTC protocol, cBTC will operate within the Cardano ecosystem to encourage Bitcoin liquidity. Cardano users now have the capability to mint cBTC The post Cardano Introduces Wrapped BTC on Testnet to Enhance DeFi Access appeared first on Coin Edition .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.