Interlay, a cross-chain interoperability network based on the Polkadot ecosystem, announced the launch of the Bitcoin Superapp (DeFi Superapp) at the Web3 Summit in Lisbon.
A set of decentralized financial applications is about to be built, enabling users to borrow, trade, and earn Bitcoin in a decentralized and trustless manner without relying on centralized providers.
Interlay launched the first completely trustless BTC stablecoin bridge interBTC in August this year. Through interBTC, Bitcoin can be used on other blockchains for secure transactions such as DeFi, cross-chain transfers, and NFTs.