
Insightful|Mar 24, 2025 23:58
The realm of BTC-Fi is advancing, with key players becoming established
Currently the BTC LST/LRT market sits at ~5.5B TVL under the Babylon and its counter parts (Solv, Lombard, Bedrock)
Yet BTC defi utilization still sits at only 0.79%
Here is why the CDP-backed BTC stable coin $USDa by @avalonfinance_ is poised to gain the available market share
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