USDC can now be borrowed against BTC without wrapping BTC.. i like how @ZestProtocol new mainnet demo lets you lock BTC on Bitcoin and borrow USDC on Ethereum.. nice! finally! usually, using $BTC as collateral on Ethereum means getting a wrapped version like WBTC first.. here, the BTC itself stays on Bitcoin it’s capped at 0.001 BTC per wallet for now, ahead of the full rollout what i like is connecting BTC holders to Ethereum’s existing stablecoin liquidity.. people get access to stables without having to sell their BTC the team already has some experience behind this: - contributors to Stacks, sBTC and Nakamoto - over two years operating a lending market - roughly $92m TVL across their existing Stacks suite i think there’s a market for making BTC borrowing easier.. for $ZEST, the next things i’m watching are the full launch, how much people actually borrow and how holders benefit from that growth