Bitcoin Avalanche Bridged (BTC.b)

The Avalanche Bridge, since its inception in August, has successfully processed transfers exceeding $50B between Avalanche and Ethereum. In a recent development, the Ava Labs team has extended support to the Bitcoin network. This advancement allows users to transfer Bitcoin directly to the Avalanche C-Chain in an economical and hassle-free manner, bypassing Ethereum.

This is a significant step towards promoting widespread adoption of BTC.b across Avalanche and other ecosystems.

For more detailed information on this development, you can refer to the full press release or support articles provided by Ava Labs.

In conclusion, developments like these continue to shape the cryptocurrency landscape. We invite you to stay updated with all such news by exploring more on Global Crypto News. Our platform strives to provide accurate and timely updates about all things crypto.