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The Defiant 2025-05-05 18:35:00

Wrapped Bitcoin Now Live on Solana, Enables Direct BTC Liquidity and Bridgeless Transfer to Cardano

Wrapped Bitcoin Now Live on Solana, Enables Direct BTC Liquidity and Bridgeless Transfer to Cardano

Wrapped Bitcoin (WBTC) has been launched natively on the Solana blockchain, enabling direct Bitcoin liquidity for trading and cross-chain transfers. This development marks a step forward in cryptocurrency interoperability and settlement layers. Additionally, a separate milestone was achieved with the first bridgeless cross-chain transfer of 1 BTC between the Bitcoin and Cardano blockchains using xBTC, eliminating the need for traditional bridges and reducing custodial risks. These advancements highlight ongoing efforts to enhance Bitcoin's interoperability across different blockchain networks. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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