According to PANews, TON Foundation launched TON Teleport BTC, introducing Bitcoin into the TON and Telegram ecosystem through tokenized Bitcoin tgBTC.
This feature allows users to send and receive Bitcoin without an exchange or custodian. TON Teleport BTC combines the security of Bitcoin with the scalability of TON to achieve efficient and low-cost cross-chain interoperability.
This move promotes the application of Bitcoin in DeFi, including staking, lending, and liquidity mining, opening up more possibilities for Bitcoin in real-world financial scenarios.
