Imagine borrowing stablecoins with your Bitcoin.
And you never send the Bitcoin anywhere.
That is what Trustless Bitcoin Vaults aim to do.
You lock native BTC in a special vault on Bitcoin. Zero knowledge proofs show the coins are there. Other chains can see it is real collateral.
Right now the testnet works with Aave. You can borrow without wrapping or trusting a middleman.
This feels different from the old ways. No wrapped BTC. No custodian. Just pure Bitcoin still sitting on its own chain.
If this scales, Bitcoin becomes working capital for the whole crypto space.
Keep an eye on the next steps.
#baby $BABY @BabylonLabs_io
And you never send the Bitcoin anywhere.
That is what Trustless Bitcoin Vaults aim to do.
You lock native BTC in a special vault on Bitcoin. Zero knowledge proofs show the coins are there. Other chains can see it is real collateral.
Right now the testnet works with Aave. You can borrow without wrapping or trusting a middleman.
This feels different from the old ways. No wrapped BTC. No custodian. Just pure Bitcoin still sitting on its own chain.
If this scales, Bitcoin becomes working capital for the whole crypto space.
Keep an eye on the next steps.
#baby $BABY @BabylonLabs_io