Monad's cbBTC bridge may add $5B in Bitcoin-backed liquidity
AI Summary
Monad's integration with Chainlink's protocol enables Coinbase's cbBTC to bridge from Base to Monad, potentially bringing up to $5B in Bitcoin-backed liquidity to the layer-1 blockchain's DeFi ecosystem.
Chainlink’s protocol enables Coinbase’s cbBTC to move from Base to Monad, boosting Bitcoin-backed liquidity into the layer-1’s DeFi ecosystem.
#cbBTC#Chainlink#Bitcoin liquidity#DeFi#Bridge