Interlay

Bitcoin

Polkadot

Momentum

<ul> 
 <li><strong>Interlay has launched a Polkadot-integrated platform poised to revolutionize Bitcoin DeFi.</strong></li> 
 <li><strong>Interlay’s CEO, Alexei Zamyatin, shares the vision of the platform, encompassing a variety of tokens for global financial inclusion.</strong></li> 
</ul>  
<h3 id="strong-a-one-on-one-with-interlay-s-ceo-strong"><strong>A One-on-One with Interlay’s CEO</strong></h3> 
<p>As blockchain project Interlay steps into the limelight with its latest Bitcoin DeFi platform, <a href="https://www.coindesk.com/tech/2023/07/05/blockchain-project-interlay-wants-its-new-platform-to-become-a-one-stop-shop-for-bitcoin-defi/">Coindesk.com</a> sit down with CEO and Co-founder <a href="https://twitter.com/alexeizamyatin?lang=en">Alexei Zamyatin</a>, to delve into this groundbreaking integration with Polkadot.</p> 
<blockquote>
 <p>“Our platform serves as a one-stop-shop for Bitcoin DeFi. By merging a decentralized exchange (DEX) and a lending protocol, we are creating a landscape where Bitcoin’s role in DeFi is revolutionized,” says Zamyatin.</p>
</blockquote> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4e3.png" alt="📣" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/DeFi?src=hash&amp;ref_src=twsrc%5Etfw">#DeFi</a> innovation alive and well on Polkadot!</p> 
 <p>Parachain <a href="https://twitter.com/InterlayHQ?ref_src=twsrc%5Etfw">@interlayHQ</a> has pushed its one-stop DeFi hub live. Momentum in the Polkadot ecosystem is on a roll, both with Web3 native teams and enterprise adoption.<a href="https://t.co/DKsAj8HNJd">https://t.co/DKsAj8HNJd</a></p> 
 <p>— Polkadot (@Polkadot) <a href="https://twitter.com/Polkadot/status/1676997255662796812?ref_src=twsrc%5Etfw">July 6, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h3 id="strong-breaking-blockchain-barriers-strong"><strong>Breaking Blockchain Barriers</strong></h3> 
<p>The platform rides on the Polkadot network, leveraging the power of Interlay’s wrapped token, InterBTC (iBTC). Zamyatin sees this as a stride towards transcending the limits of <a href="https://www.crypto-news-flash.com/ethereum-falls-behind-solana-and-cardano-as-investors-explore-alternative-blockchains/">native blockchains</a>.</p> 
<blockquote>
 <p>“We are breaking down the barriers of blockchains with InterBTC, synthesizing and utilizing tokenized versions of crypto assets beyond their native blockchains.”</p>
</blockquote> 
<h3 id="strong-filling-the-crypto-exchange-void-strong"><strong>Filling the Crypto Exchange Void</strong></h3> 
<p>With the closure of peer-to-peer exchanges like LocalBitcoins and Paxful, and regulatory issues faced by major exchanges like Binance and Coinbase, Interlay’s platform offers a fresh and reliable avenue for Bitcoin transactions.</p> 
<blockquote>
 <p>“In the wake of closures and regulatory concerns, our platform unlocks additional Bitcoin functionality and serves as an alternative to centralized exchanges,” Zamyatin explains.</p>
</blockquote> 
<h3 id="strong-diversity-and-inclusion-in-defi-strong"><strong>Diversity and Inclusion in DeFi</strong></h3> 
<p>Beyond Bitcoin, the platform embraces an array of tokens, including USDT, DOT, and INTR, with plans to include liquid staking tokens and possibly <a href="https://www.crypto-news-flash.com/ethereum-starts-new-token-standard-erc223-to-reduce-supply-can-eth-price-profit-and-rise-to-3000-all-you-need-to-know-as-an-investor/">Ethereum</a> and Cosmos assets.</p> 
<blockquote>
 <p>“We are catering to a global financial inclusion. The variety of tokens might unsettle some Bitcoin purists, but this broad offering is vital for our goal – bringing Bitcoin to a billion users worldwide,” Zamyatin highlights.</p>
</blockquote> 
<h3 id="strong-conclusion-strong"><strong>Conclusion</strong></h3> 
<p>Zamyatin’s enthusiasm for Interlay’s Polkadot-integrated platform is infectious. It is clear that the integration aims to provide a comprehensive DeFi experience, housing the best of DeFi in one accessible, inclusive platform. In his own words, “We are here to redefine cross-chain interactions, incorporating the best of DEXs and liquidity and lending protocols, to set a new standard for <a href="https://www.crypto-news-flash.com/defi-protocol-pushing-bitcoin-boundaries-in-smart-contract-goes-parabolic-as-the-market-rebounds/">Bitcoin DeFi</a>.”</p>

Polkadot Integration: Interlay Unveils New Platform to Revolutionize Bitcoin DeFi

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