Charles Hoskinson has once again turned his attention to Bitcoin DeFi. The Cardano founder said that decentralized Bitcoin cross-chain bridges are the industry’s largest untapped opportunity, a race Cardano can win. The rationale is straightforward: Cardano uses the UTXO architecture, making it naturally compatible with Bitcoin, and with the privacy-focused sidechain Midnight, it can channel BTC liquidity directly into the ecosystem. By 2026, he sees Bitcoin DeFi as a make-or-break battle for the ADA ecosystem.