Babylon Labs Says BitVM3 May Allow Native Bitcoin to Serve as Trustless Collateral on Ethereum, But Risks Remain
Babylon Labs Says BitVM3 May Allow Native Bitcoin to Serve as Trustless Collateral on Ethereum, But Risks Remain
CoinOtag 2025-10-16 14:06:43
Babylon Labs’ proof-of-concept uses BitVM3 to enable native Bitcoin collateral on Ethereum by locking BTC in Bitcoin-native vaults and verifying vault state on Ethereum via cryptographic proofs, allowing trust-minimized borrowing