Aave moves closer to accepting native Bitcoin as collateral
- —Aave is preparing to accept native BTC as collateral
- —Mechanism and launch timeline remain undisclosed
- —Collateral on Aave currently relies on wrapped assets such as WBTC
Why it matters: Native BTC collateral would broaden borrowing capacity in the largest DeFi lender and reduce reliance on wrapped Bitcoin.
Source: Google News (crypto query)