Interlay introduces new protocol for Bitcoin’s reciprocal relationship with DeFi

Interoperability network Interlay has released a 21-page technical whitepaper, titled XCC: Theft-Resilient and Collateral-Optimized Cryptocurrency-Backed Assets, advocating for the imminent development of cross-blockchain interoperability solutions to unlock a plethora of potential within the decentralized finance (DeFi) ecosystem. As a Polkadot (DOT) parachain, Interlay is focusing its efforts on opening pathways of communication and interaction between […]