BTCFi, or Bitcoin-based decentralized finance (DeFi), has surged over 22x in TVL since January 2024, driven by new protocols and institutional inflows, but still faces adoption hurdles due to trust.
BTCFi TVL jumps 22x to $7B, but trust remains an issue
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- BTCFi TVL jumps 22x to $7B, but trust remains an issue