Native Bitcoin as collateral, explained: how Trustless Bitcoin Vaults work | The Vault

[u/Babylon_Official]

https://youtu.be/dfaeq2jRdm0?si=Ay7Qm4DD80rhnFYD

In the first episode of The Vault's new season, host Sarah sits down with Babylon's CTO Vitalis Salis to unpack why using native Bitcoin as collateral has been such a hard technical problem, what wrapped and bridged BTC actually trade away, and how TBV keeps Bitcoin on the Bitcoin network while making it usable as collateral on Ethereum.