Blockchain.com’s DeFi Wallet Enhances USDT Swaps with Native BTC Integration

Blockchain.com has significantly advanced Bitcoin’s utility in decentralized finance (DeFi) by enabling direct swaps between native BTC and major cryptocurrencies like Ethereum (ETH), Tether (USDT), Binance Coin (BNB), and Avalanche (AVAX) through its DeFi Wallet. This integration with cross-chain protocol LI.FI eliminates the need for wrapped tokens (e.g., wBTC) and bypasses KYC requirements while maintaining self-custody—a game-changer for traders seeking seamless exposure to altcoins. The move disrupts the traditional wrapped Bitcoin model, offering frictionless transactions and bolstering BTC’s role in DeFi ecosystems. As of April 2025, this innovation underscores the growing demand for trustless, interoperable crypto swaps, with USDT emerging as a key liquidity pair for BTC holders.

Blockchain.com Enables Native BTC Swaps via LI.FI Integration

Blockchain.com’s DeFi Wallet now supports direct Bitcoin swaps with Ethereum (ETH), Tether (USDT), Binance Coin (BNB), and Avalanche (AVAX) without requiring wrapped tokens. The integration with cross-chain protocol LI.FI eliminates KYC hurdles while maintaining self-custody—a significant leap for BTC’s DeFi utility.

The move disrupts the traditional wBTC paradigm, offering traders frictionless exposure to major altcoins. market observers note this could accelerate Bitcoin’s role in decentralized finance as institutional players demand native asset interoperability.

Stablecoin Issuers to Become Major US Treasury Holders by 2030, Citibank Reports

Stablecoin issuers are on track to rank among the largest holders of US Treasuries by the end of the decade, according to Citibank’s latest GPS report. The projection underscores the growing institutionalization of cryptocurrency markets as stablecoins—pegged to traditional assets like the dollar—expand their footprint in global finance.

Regulatory clarity could trigger blockchain’s breakthrough moment as early as 2025, the report suggests, drawing parallels to the viral adoption of AI tools like ChatGPT. Public sector adoption is accelerating worldwide, with governments leveraging distributed ledger technology to enhance transparency in fiscal operations.

Bitget’s April 2025 Proof of Reserves Report Shows 191% Reserve Ratio

Bitget has released its April 2025 Proof of Reserves report, reaffirming its commitment to transparency and user asset security. The exchange maintains an industry-leading 191% reserve ratio, ensuring robust backing for all user funds.

Bitcoin reserves stand at 369%, while Ethereum is collateralized at 148%. Stablecoins remain well-protected, with USDT at 117% and USDC at 217%. These figures underscore Bitget’s gold standard in safeguarding digital assets.