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Cardano Shakes Up Crypto: ‘Cardinal’ Brings Bitcoin DeFi to Its Blockchain
Cardano Shakes Up Crypto: ‘Cardinal’ Brings Bitcoin DeFi to Its Blockchain
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Cardano just dropped a bombshell—its first Bitcoin DeFi protocol, 'Cardinal,' is live. The move bridges two crypto giants, letting Bitcoin holders tap into Cardano's DeFi ecosystem without swapping assets. Talk about a power play.
Why it matters: Bitcoin's $1.3 trillion market cap now has a backdoor into Cardano's smart contracts. No more wrapping, no more middlemen—just pure, uncut interoperability. Wall Street’s probably scribbling ‘blockchain synergy’ on a whiteboard right now.
The kicker? Cardinal could siphon liquidity from Ethereum’s DeFi dominance. Because nothing says ‘disruption’ like turning Bitcoin into yield-bearing collateral overnight. (Take that, TradFi loan officers.)
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