Babylon's native Bitcoin-backed lending feature is now live on the Aave v4 public testnet.
Foresight News reports that Babylon has announced the launch of its native Bitcoin-backed lending feature on the Aave v4 public testnet. This feature is supported by Babylon Trustless Bitcoin Vaults, allowing users to use Bitcoin as collateral for lending without transferring custody, wrapping, or cross-chain operations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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