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Cardano Achieves Major Milestone With First Wrapped BTC Minted on Network

The Cardano network has achieved a significant milestone. AnetaBTC says it has successfully minted cBTC, a wrapped form of BTC, on the Cardano network, marking a major step forward for the ecosystem.

In minting cBTC, users would add their ADA address to the BTC TX metadata and deposit BTC, which is then processed and confirmed by anetaBTC. The cBTC is minted and then sent to the user's Cardano wallet.

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