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Charles Hoskinson says no dominant player in Bitcoin DeFi, sees opening for Cardano

Charles Hoskinson has pointed to Bitcoin DeFi (BTCFi) as a key growth area where Cardano can gain an early lead. He said no project currently dominates the competition and argued Cardano already has the right technology and a head start. The focus in BTCFi is bringing Bitcoin liquidity into DeFi while reducing reliance on centralised custodians and weak bridge designs. He also cited Cardano’s Midnight partner chain and recent atomic swap progress.