Wrapped Bitcoin cBTC is now live on Cardano testnet
Crypto News

Wrapped Bitcoin cBTC is now live on Cardano testnet

1m
1yr ago

anetaBTC, a project with the goal of bringing Bitcoin liquidity to Cardano and Ergo blockchains, has announced Cardano testnet being live.

Wrapped Bitcoin cBTC is now live on Cardano testnet

SNEAK PEEK

  • The anetaBTC project intends to pull Bitcoin liquidity onto the Cardano ecosystem.
  • The release of the Cardano testnet is a remarkable achievement for the project since it allows minting cBTC on Cardano which is quite similar to wrapped Bitcoin on Ethereum.
  • cBTC will enable Cardano users to take advantage of Bitcoin liquidity by offering new opportunities for decentralized finance projects on the Cardano blockchain.

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