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Glue Network Bridges Bitcoin to DeFi with Avalanche's BTC.b Integration

www.businesswire.com 21-10-2024 01:43 0.5 Minutes reading
ZUG, Switzerland--(BUSINESS WIRE)--Glue Network, a user-centric blockchain ecosystem dedicated to making decentralized finance accessible to all, today announced the integration of Avalanche's BTC.b as its default Bitcoin representation. This integration, utilizing LayerZero's Omnichain Fungible Token (OFT) standard, aims to enhance Bitcoin liquidity and provide users with seamless access to Bitcoin-pegged assets within the Glue ecosystem. BTC.b, developed by the Avalanche Foundation, offers a

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