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DeFi and stablecoins are coming to the Bitcoin ecosystem

The BlockThe Block2024/07/11 13:55
By:The Block

Quick Take Botanix Labs founder Willem Schroé shares how a full ecosystem of DeFi applications could soon be coming to Bitcoin.

Episode 43 of Season 6 of The Scoop was recorded with The Block's Frank Chaparro and Botanix Founder Willem Schroé.

Listen below, and subscribe to The Scoop on YouTube , Apple , Spotify , Google Podcasts , Stitcher , or wherever you listen to podcasts. Please send feedback and revision requests to [email protected]

Willem Schroé is the founder of Botanix Labs — a development team building an EVM-compatible Layer 2 on Bitcoin that allows users to deploy Ethereum smart contracts on the Bitcoin network.

In this episode, Schroé discusses the development of Bitcoin Layer 2s and the potential for Bitcoin-native ecosystems to become major platforms for decentralized finance (DeFi) applications.

OUTLINE
00:00 Introduction
02:45 Bitcoin L2 Landscape
08:48 Improving Bitcoin L2s
12:16 Bitcoin Applications
15:07 The Future of BitcoinFi
16:18 The Future of Ethereum
17:24 Bitcoin L2 Attack
18:36 Bitcoin L2 User Profile
21:00 Bitcoin RWAs
23:53 Closing Thoughts

This episode is brought to you by our sponsor Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more head to polkadot.network

The Block Community
The Block is launching a new community experience for fans of The Scoop! Follow us on Lens to stay in the loop: hey.xyz/u/theblockcommunity

The Block Newsletters
The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters


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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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