BTCFi explained: How Elastos uses Bitcoin’s security to power DeFi

Cointelegraph Research explores how Elastos leverages Bitcoin’s security to support decentralized finance through trustless crosschain solutions.

The decentralized finance (DeFi) landscape continues to evolve, and Bitcoin-centric solutions are gaining momentum. BTCFi is an emerging sector that transforms Bitcoin (BTC) from a passive store of value into an actively utilized asset in DeFi. 

A new report by Cointelegraph Research and Elastos delves into how Bitcoin’s security helps to create trustless, scalable financial ecosystems.

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