Bitcoin Bridge, a pioneer in decentralized finance solutions, today announced the official launch and widespread availability of BTCx, a revolutionary Bitcoin derivative designed to seamlessly integrate the world’s leading cryptocurrency into the rapidly expanding DeFi ecosystem.
BTCx (Bitcoin Bridge V3) is a 1:10000000 Bitcoin-backed token that operates on high-throughput, low-cost blockchain networks, initially launching on the Binance Smart Chain (BSC). This innovative derivative empowers Bitcoin holders to actively participate in a diverse range of DeFi applications, including lending, borrowing, yield farming, and decentralized exchanges, without needing to bridge their native BTC to slower, more expensive networks.
BTCx Launches, Unlocking Bitcoin’s Full Potential in Decentralized Finance — Bitcoin Bridge | PRLog
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