Cardano founder Charles Hoskinson discussed how the Cardano network could support Bitcoin DeFi, potentially unlocking $2 trillion in assets. He emphasized the potential of Bitcoin DeFi as a major sector, with $2 trillion of assets "waking up" and Bitcoin holders seeking yield and new financial tools. Hoskinson explained that Cardano's infrastructure, including Babel fees that allow users to pay transaction fees using native assets instead of ADA, could provide a solution. He compared the process to using a credit card abroad, settling transactions in a different currency. Hoskinson also highlighted upcoming launches of Bitcoin DeFi and the Midnight project, which could increase transaction volume and user engagement on Cardano. He expressed the vision of transforming the blockchain landscape from isolated ecosystems into a connected environment, attracting more users and gaining trust from regulatory bodies. Hoskinson predicted exponential improvements in total value locked, user count, and transaction volume over the next two to three years.



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