Bitcoin DeFi surge may boost BTC demand and adoption — Binance

The value locked in Bitcoin-based decentralized finance (BTCFi) has surged by more than 2,700% over the past year, potentially transforming Bitcoin from a passive store of value into a productive, yield-bearing asset, according to new research from Binance. BTCFi is a new technological paradigm that aims to bring decentralized finance capabilities to Bitcoin’s base layer. It is one of the fastest-growing crypto sectors, reaching a total value locked (TVL) of over $8. 6 billion source: https://cointelegraph.com/news/bitcoin-demand-skyrocket-2-700-bitcoin-defi-surge?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound