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Bitcoin DeFi will have 300M users, beating Ethereum and Solana: Exec

Coin Telegraph LogoCoin Telegraph11h ago

Bitcoin DeFi will have 300M users, beating Ethereum and Solana: Exec - Coin Telegraph

Quick Summary:

Zamyatin argued that Bitcoin-native bridges are necessary for DeFi on Bitcoin as the blockchain’s security is strong, but it lacks the human talent, tools and network effects of Ethereum. Alexei Zamyatin speaking with Cointelegraph’s Ezra Reguerra at Token2049.

What if we tokenized the Bitcoin ETF so institutions could get access to DeFi yields? pic.twitter.com/2HCpwbCZDS— alexei (@alexeiZamyatin) April 10, 2025Bitcoin staking has become the main DeFi use case outside of payments, which involves Bitcoin holders locking their coins in self-custodial vaults or extractable one-time signatures to earn staking rewards on proof-of-stake blockchains like Ethereum.

Source: CointelegraphZamyatin said Bitcoin (BTC) yield and stablecoin products are driving strong demand for Bitcoin-based DeFi.“A lot of institutions that are buying Bitcoin now usually have to find yield on the assets they hold.

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Article Details

Author / Journalist: Cointelegraph by Brayden Lindrea

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 06:28:04 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 554 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28306909

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 38 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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