
Base, a layer-2 blockchain platform, has emerged as a leader in wrapped Bitcoin (BTC) holdings among layer-2 solutions, with plans for further growth in decentralized finance (DeFi). The platform is actively fostering a global on-chain economy, with various partners contributing to its expansion. Notable collaborations include Pendle, Chronicle Labs, Morpho, Aave, Moonwell, Aerodrome, Lombard Finance, and EtherFi. The potential of unlocking Bitcoin for DeFi applications is highlighted, with estimates suggesting approximately $2 trillion in idle value could be tapped into. Additionally, Base is working towards integrating on-chain payments globally, with ambitions to facilitate instant and low-cost transactions, although there are currently no partnerships with Amazon.
we aren't working with @amazon yet (though we'd love to) but we *are* working to get onchain payments everywhere โ and there's some big stuff coming the world needs instant, low-cost, global payments for everyone, everywhere and stablecoins on @base will make it happen https://t.co/Dj7TfzG5yf
Unlocking BTC for use in DeFi is a contrarian bet with ~$2T in latent value sitting idle, waiting to be unleashed. Its hockey stick moment is coming. When it hits, weโll look back and wonder why it wasnโt obvious. Fuse is lit ๐ฅ
We're building this on @base and when its ready we will share it with other base co's to test https://t.co/MwNQHrjqbR


