Bitcoin is starting to behave like a native DeFi asset. @Lombard_Finance BTC.b is now live on @aave v3, listed simply as "Bitcoin", using the BTC/USD oracle directly. That signals one thing clearly: this is a 1:1, verifiable representation of BTC, not a synthetic or exchange product. The real shift comes from access, anyone can mint BTC.b: + Deposit BTC → receive BTC.b + Cost ~ $0.02 + No KYC, no platform dependency This removes the biggest friction BTC had in DeFi: permissioned entry. On the security side, BTC.b uses a 15-institution consortium with 2/3 quorum, trust is distributed instead of concentrated in a single custodian. Compared to others: WBTC → custodian-driven cbBTC → exchange-driven BTC.b → neutral infrastructure Now with Aave, BTC becomes productive collateral in a fully permissionless way. ↳ If this model scales, BTC.b can evolve into the default Bitcoin layer across DeF
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