DeFi and stablecoins are coming to the Bitcoin ecosystem

Willem Schroé is the founder of Botanix Labs — a development team building an EVM-compatible Layer 2 on Bitcoin that allows users to deploy Ethereum smart contracts on the Bitcoin network. In this episode, Schroé discusses the development of Bitcoin Layer 2s and the potential for Bitcoin-native ecosystems to become major platforms for decentralized finance (DeFi) applications. OUTLINE 00:00 Introduction 02:45 Bitcoin L2 Landscape 08:48 Improving Bitcoin L2s 12:16 Bitcoin Applications 15:07 The Future of BitcoinFi 16:18 The Future of Ethereum 17:24 Bitcoin L2 Attack 18:36 Bitcoin L2 User Profile 21:00 Bitcoin RWAs 23:53 Closing Thoughts This episode is brought to you by our sponsor Polkadot Polkadot is the blockspace ecosystem for boundless innovation. To discover more head to polkadot.network The Block Community The Block is launching a new community experience for fans of The Scoop! Follow us on Lens to stay in the loop: hey.xyz/u/theblockcommunity The Block Newsletters The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters