Bitcoin bridge XLink launched on Core Chain to boost Bitcoin adoption in DeFi

According to official news, the Bitcoin bridge XLink developed by the ALEX LAB Foundation has been launched on the Core Chain. The bridge enables direct asset transfers between Bitcoin and Core Chain, expanding the use of Bitcoin in DeFi. XLink is committed to enriching the Bitcoin ecosystem on Core Chain by supporting various DeFi activities such as lending and trading, thereby enhancing users' liquidity and financial flexibility. Users can now use XLink Bridge to cross-chain aBTC, ALEX, and vLiSTX from Stacks to Core Chain. According to reports, XLink supports cross-chain functions, allowing seamless interaction with Bitcoin assets and smart contracts on Core Chain. In terms of security, XLink uses multi-signature wallets, validators, and relayers to protect cross-chain transactions.