Babylon Labs announces the launch of trustless Bitcoin vaults, enabling the use of BTC in DeFi lending and other applications without needing custodians or bridges.
This initiative seeks to mobilize over 2.28 trillion USD of Bitcoin, with less than 1% currently utilized in DeFi, reflecting a significant opportunity for growth.
Future improvements include EVM integration and a cross-chain liquidity layer, set to enhance Bitcoin’s role in decentralized economies by early 2026.
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