Coinbase Brings Bitcoin to Solana, Spurring High Hopes for DeFi Surge

Coinbase Brings Bitcoin to Solana, Spurring High Hopes for DeFi Surge

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Source: Coindesk.com

Coinbase introduced cbBTC, which brings bitcoin to the Solana blockchain. Bitcoin helps power trading, lending and borrowing on centralized crypto exchanges, but this crucial functionality requires extra effort in DeFi. Some hope Coinbase's move will spur more DeFi activity on Solana.

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The post "Coinbase Brings Bitcoin to Solana, Spurring High Hopes for DeFi Surge" appeared first here Coindesk.com.

Source: Coindesk.com

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