On August 8th, Cardano achieved a significant milestone by launching the anetaBTC protocol on its mainnet. This protocol marks a groundbreaking development as it integrates Bitcoin into the Cardano blockchain through on-chain wrapped BTC. This integration provides users with a seamless way to interact with both Cardano’s native ADA cryptocurrency and Bitcoin.
Just days after its launch, on August 12th, anetaBTC’s official X account reported another major accomplishment for Cardano. The Cardano mainnet successfully minted 1.706 cBTC. In this context, “cBTC” denotes Bitcoin that has been wrapped using the anetaBTC protocol, making it accessible within the Cardano ecosystem. This latest minting brings the cumulative total of cBTC minted on the Cardano mainnet to an impressive 6.19 cBTC.
These developments underscore Cardano’s commitment to expanding its functionality and interoperability within the broader cryptocurrency landscape. By enabling the seamless integration of Bitcoin through wrapped assets, Cardano continues to enhance its appeal to users and strengthen its position as a versatile blockchain platform. As the ecosystem grows, supporters and enthusiasts eagerly anticipate further innovations and integrations that will drive Cardano’s evolution in the decentralized finance space.