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Sushi Expands to ZetaChain for Native Bitcoin Support in DeFi

CointimeCointime2023/11/16 16:15
By:Cointime

Sushi, a decentralized finance platform, has announced its expansion to layer-1 blockchain ZetaChain to introduce native bitcoin support. This move enables users to swap the largest cryptocurrency across 30 networks without the need to wrap it. ZetaChain's core contributor, Jonathan Covey, stated that the addition of bitcoin to Sushi goes beyond its traditional use case as just a store of value and allows for more sophisticated applications like lending and borrowing. The ZetaChain team has been working on this for years and believes that they are at an inflection point where they can develop applications that utilize actual bitcoin.

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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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