BTCFi explained: How Elastos uses Bitcoin’s security to power DeFi

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Cointelegraph Research explores how Elastos leverages Bitcoin’s security to support decentralized finance through trustless crosschain solutions.

Elastos

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.

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