BTCFi TVL jumps 22x to $7B, but trust remains an issue

2 months ago 67

BTCFi TVL jumps 22x to $7B, but trust remains an issue

BTCFi, or Bitcoin-based decentralized finance (DeFi), has surged over 22x in TVL since January 2024, driven by new protocols and institutional inflows, but still faces adoption hurdles due to trust.

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