Bitcoin DeFi will have 300M users, beating Ethereum and Solana: Exec

Alexei Zamyatin says the race is on to win the market share of DeFi services on Bitcoin, and the blockchain’s 300 million users could outgrow Ethereum’s DeFi ecosystem.

The first decentralized finance (DeFi) company to launch a user-friendly suite of products on Bitcoin will “win the entire market” of the blockchain’s 300 million users, one crypto founder says.

Alexei Zamyatin, the co-founder of the Bitcoin layer 2 Build on Bitcoin, told Cointelegraph at TOKEN2049 in Dubai that “the advantage of Bitcoin DeFi is that the market is much bigger, you have a much bigger retail user base that you can tap into.”

Zamyatin said the 300 million Bitcoin users would mean DeFi services on the blockchain would “outgrow everything we've seen so far in Ethereum and Solana.” 

Read more