Babylon claims breakthrough in using native Bitcoin collateral in DeFi: Finance Redefined
PositiveCryptocurrency

Babylon has made a significant breakthrough by introducing a proof-of-concept that allows the use of native Bitcoin as collateral in decentralized finance (DeFi) lending. This innovation is crucial as it could enhance the liquidity and usability of Bitcoin in the DeFi space, potentially attracting more users and investors to this growing sector. Additionally, major updates from BNB Chain and Hyperliquid further highlight the evolving landscape of DeFi, making it an exciting time for cryptocurrency enthusiasts.
— Curated by the World Pulse Now AI Editorial System