Wrapped BTC on Cardano (ADA) to Unlock $433B Liquidity Market? By DailyCoin
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Wrapped BTC on Cardano (ADA) to Unlock $433B Liquidity Market?
- The first cBTC was successfully minted on the network.
- Wrapped BTC is expected to help unlock liquidity from the market.
- Cardano is currently claiming the #7 rank by market capitalization.
Cardano (ADA) is setting the crypto world abuzz by rolling out new features and slotting in new partnerships, serving as a testament to the ecosystemâs methodical effort.
In its most recent expansion, Cardano has achieved a âmajor milestoneâ of the first wrapped Bitcoin (BTC) on the network. Revealed on March 4th, 2023, by AnetaBTC, the first cBTC (a BTC asset on Cardano) was successfully minted on the Cardano blockchain, sending waves throughout the crypto sphere.
https://twitter.com/anetaBTC/status/1632043579391574019?
According to several prominent Cardano community members, the development is significant for the network, as assets like wrapped Bitcoin (WBTC) facilitate the…
Continue Reading on DailyCoin
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Wrapped BTC on Cardano (ADA) to Unlock $433B Liquidity Market?
- The first cBTC was successfully minted on the network.
- Wrapped BTC is expected to help unlock liquidity from the market.
- Cardano is currently claiming the #7 rank by market capitalization.
Cardano (ADA) is setting the crypto world abuzz by rolling out new features and slotting in new partnerships, serving as a testament to the ecosystemâs methodical effort.
In its most recent expansion, Cardano has achieved a âmajor milestoneâ of the first wrapped Bitcoin (BTC) on the network. Revealed on March 4th, 2023, by AnetaBTC, the first cBTC (a BTC asset on Cardano) was successfully minted on the Cardano blockchain, sending waves throughout the crypto sphere.
https://twitter.com/anetaBTC/status/1632043579391574019?
According to several prominent Cardano community members, the development is significant for the network, as assets like wrapped Bitcoin (WBTC) facilitate the…
Continue Reading on DailyCoin
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