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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 .

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