Two of the biggest blockchain projects — Cardano and Polkadot — are now looking to build on top of Bitcoin to grow their ecosystems. Their goal? To bring Bitcoin into DeFi (Decentralized Finance) while also strengthening their treasuries.
💡 Cardano Wants Bitcoin to Power Cross-Chain DeFi
Charles Hoskinson, the founder of Cardano, is leading a new plan: he wants to convert $100 million worth of ADA (Cardano’s token) into Bitcoin and Cardano-based stablecoins like USDM and USDA.
His idea is to make Bitcoin more useful in DeFi without changing how Bitcoin works or risking its value. Thanks to recent upgrades like Taproot, Bitcoin can now support more advanced smart contracts.
Hoskinson believes Cardano’s special design (called the UTXO model) is perfect for letting people use BTC in DeFi apps — but still keep control of their Bitcoin. This means BTC holders can earn rewards and pay fees, all while using Cardano’s tools.
He's confident that this move will grow Cardano’s ecosystem and connect it more closely to Bitcoin, which he believes could hit $250,000–$500,000 within 2 years, and even $1 million by 2030.
🔄 Polkadot Also Wants to Add Bitcoin to Its Treasury
Meanwhile, Polkadot is making a similar move. A new plan in the community suggests converting 500,000 DOT into tBTC (a version of Bitcoin used on DeFi platforms). They’ll do this slowly over time using a tool called Hydration, which buys at regular intervals.
Why? Because DOT has underperformed compared to Bitcoin. If Polkadot had started buying BTC earlier this year, it could have made over $1.5 million in gains.
This plan isn’t just about profit. Polkadot wants to use Bitcoin to:
-
Increase on-chain liquidity
-
Support DeFi activity
-
Diversify its treasury
-
Protect against future DOT price drops
They’re using a secure, decentralized bridge from Threshold Network, which means no central party is holding the Bitcoin.
🧠Why This Matters
Both Cardano and Polkadot are showing that Bitcoin is more than just a store of value. They want to connect BTC to DeFi, and in doing so, open up new ways to earn, trade, and grow their networks. It's also a smart move to protect their projects financially by holding an asset like Bitcoin.
Disclaimer: This article is only for
information and not financial advice. The opinions shared here may be the
writer’s personal views. Please do your own research before making any
investment choices. We are not responsible for any money you may lose.
#Bitcoin #Cardano #Polkadot #DeFi #CryptoNews #BTCDeFi #CryptoTreasury #CharlesHoskinson #DOT #BTC #USDM #Stablecoins #CryptoStrategy #CryptoUpdate
